Birdwatch Note Rating
2024-08-26 05:16:39 UTC - NOT_HELPFUL
Rated by Participant: 9A3D3C3395880734C4757977680BE87BE1070571911A7FC27722C1B1CEEDB4EE
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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