Birdwatch Note Rating
2024-01-12 12:28:16 UTC - HELPFUL
Rated by Participant: 6E3C8B3BA070831E6AA039CBEC97573EA88B79ED95AA7FB480C76FA68934E0B3
Participant Details
Original Note:
NNN - The existing law already covers crypto, as it is nothing new, just distributed timestamped databases. Most crypto projects fail to comply with current law, even Coinbase. "Existing laws and regulations apply to the crypto securities markets" ~ Gary Gensler https://www.reuters.com/technology/us-sec-denies-coinbase-petition-crypto-rulemaking-2023-12-15/
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