Birdwatch Note Rating
2024-01-09 20:16:33 UTC - HELPFUL
Rated by Participant: D60A403E5D937BC77FBD6BBDFE315222F49359BC0EF72D630F3799A277FE9376
Participant Details
Original Note:
"Crypto asset securities" is not a legally recognized term. There are ongoing cases about which crypto assets can be classified as securities and which can be classified as commodities. The head of the SEC's position does not represent that of the US legal system. Source: https://corpgov.law.harvard.edu/2022/12/06/why-cryptoassets-are-not-securities/
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