The reality is that the SEC's current approach to crypto really began under the last administration,
Gensler gets a lot of heat in the press about the Ripple case, but that case was actually brought in the waning days of the Clayton SEC.
After years of legal wrangling with the U.S. securities regulator, President-elect Trump's win was taken by the crypto industry as a definitive sign.
The agency will now have some questions to answer anew: Does the legal standard known as the Howey test properly account for crypto tokens as securities or not?
Collection
[
|
...
]