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Billionaire investor Mark Cuban says an army of securities lawyers is required to determine the fate of crypto

From fxstreet.com

Mark Cuban, the billionaire investor and American entrepreneur, commented on the Securities & Exchange Commission’s (SEC) enforcement action on crypto assets and exchanges. Cuban argues that the regulator failed to provide adequate information for registration of digital assets and that it is “near impossible” to tell which crypto assets are securities. The billionaire entrepreneur argued that the SEC’s stance on cryptocurrencies is less transparent than other sectors of the economy. Cuban recently tweeted that an army of securities lawyers is required to determine which cryptocurrencies are securities. Cuban ... (full story)

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