AMB Crypto
2022-09-16 14:00:08

SEC Chair’s take on PoS cryptocurrencies might not make you happy

Gary Gensler, the United States Securities and Exchange Commission (SEC) Chairman, on 15 September, stated that cryptocurrencies that allow holders to stake their tokens might be considered a security, as per a Washington Post report. Gensler said that cryptocurrencies using the staking consensus mechanism might pass the Howey test that determines whether an asset is […]

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