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SEC Commissioner's first remarks on the Token Taxonomy Act - the bill that would remove SEC oversight from most tokens

From globalcryptopress.com

We've been closely following the Token Taxonomy Act, a bill that would free most cryptocurrency tokens from being labeled a "security" - which would also then remove the Securities And Exchange Commission's authority over them. Read about that here. In a speech given Friday at the University of Missouri School of Law, SEC commissioner Hester M. Peirce mentioned the bill for the first time - and to my surprise, she doesn't seem against it. "Congress may resolve the ambiguities engendered by Howey by simply requiring that at least some digital assets be treated as a separate asset class. Congressmen Warren Davidson ... (full story)

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  • Category: Fundamental Analysis