Houston, we have a Crypto Solution! ๐ | Launching Crypto Ventures to New Heights ๐ | Navigating the #Blockchain Universe with Stellar Precision ๐
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SEC policy says that Dogecoin, a worthless meme token, is a commodity.
So Coinbase can list it and Americans can inevitably lose money.
Filecoin, has the promise of passing dividends to investors. So Coinbase canโt list it.
Crypto securities laws are broken. How to fix ๐
Interesting, numerous politicians have yet to return their funds from FTX.
You can see the full list here, from Democrats to Republican donations: https://t.co/uK8CTsLugJ
1/5
Ripple case, here is the good and the bad.
But it is mostly *VERY* good for all alts, and a surprisingly big win for XRP.
First Judge did decide institutional sales/fundraising was securities.
We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Thankful to everyone who helped us get to todayโs decision โ one that is for all crypto innovation in the US. More to come.