Birdwatch Note Rating
2023-12-22 10:37:48 UTC - NOT_HELPFUL
Rated by Participant: 99D4956879DC3C83A29CBF7D815E18A43A2D7235B7041883A7B220D91C91DD75
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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