- The SEC reposts their previous Investor Alert on crypto asset securities.
- Thinking Crypto Founder Tony Edward criticizes the SEC for their unclear crypto rules.
- Coinbase (NASDAQ:COIN) Director Conor sheds light on the impact of the regulator’s stance against crypto.
Prominent voices from the crypto space came forward questioning the US Securities and Exchange Commission’s (SEC) caution against crypto asset securities. Thinking Crypto Podcast Founder and Host Tony Edward censured the regulator, reflecting on their non-comprehensive crypto norms.
In a recent tweet, Edward shared a significant question on the clear definition of “Crypto Asset Securities.” He alleged that the SEC hadn’t provided clear guidelines on the matter. Further, he criticized the SEC Chair Gary Gensler’s unclear stance on Ethereum’s status, stating, “Scumbag regulator Gary Gensler can’t even answer Congress on if Ethereum is a security or not.”
WTF are Crypto Asset Securities? The SEC has not provided clear guidelines. Scumbag regulator Gary Gensler can't even answer Congress on if Ethereum is a security or not.#FireGaryGensler #SubpoenaGaryGensler https://t.co/JaHeuk2b21The post SEC’s Investor Alert on Crypto Asset Securities Impacts Crypto Community appeared first on Coin Edition.— Tony Edw…