Bitcoin Classified Outside Traditional Securities Framework at SEC’s Inaugural Crypto Roundtable

Bitcoin Classified Outside Traditional Securities Framework at SEC’s Inaugural Crypto Roundtable

At the United States Securities and Exchange Commission’s first-ever Crypto Task Force roundtable, Duke Financial Economics Center visiting fellow Lee Reiners stated that Bitcoin should not be considered a security or an investment contract, citing its inherent decentralization. “Bitcoin is not a security, it's not an investment contract, because it is sufficiently decentralized,” Reiners remarked during the session, emphasizing the cryp...

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