In fact, in a remarkable bit of circular reasoning, the SEC specifically notes that its view on cryptocurrency is informed by “data and information” gleaned from the legal “undertakings … the Commission is currently pursuing.” In other words: The SEC, which is pursuing securities charges against crypto firms, cannot consider changing the rules that uphold those legal actions, because of information it has learned pursuing those cases.
This article was originally published by Coindesk.com. Read the original article here.
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