Here is the SEC calling the stock loan industry "opague" and requiring transparency. Note, they are not calling "stock loans" a security as they are trying to do with the loaning of crypto assets. Nor are they suing the Stock Loan Departments of brokers/banks. They are going through a comments process. They should do the same thing with crypto as an effort to determine which aspects of crypto are securities and which are not and the best way to regulate the industry and protect investors. I think their difference in approach is emblematic of their intent for one industry vs another.
@Dolly11946@deadandcompany I’m so sorry, as someone who goes to most of their shows, can I from the bottom of my heart offer you tickets to another show. NSA, just being human! #NFA
Today could be a panic day. So much news in last 12 hours it’s honestly hard to keep up or cover it all.
If Bitcoin holds $15k in the midst of DCG/Genesis/Silvergate debacle on top of unemployment going the wrong way (from ADP)… chances the bottom is in dramatically goes ⬆️