The SEC Comes for Bittrex – Bloomberg

Nobody wants to hear it! Ooh, if we enforce traditional securities laws without adapting them to crypto, there will be no crypto trading in the US: fine! The SEC’s majority view is just crystal clear here:

  • Virtually all crypto tokens are securities.
  • Securities cannot legally be traded, in the US, except on a registered securities exchange.
  • Hahaha good luck registering your crypto exchange!

Source: The SEC Comes for Bittrex – Bloomberg