nilay patel

@reckless ↗

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Last Checked Oct. 28, 2021

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Tue Sep 28 00:38:18 +0000 2021

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nilay patel @reckless

Gensler making the case that cryptocurrencies are securities that fall under longstanding law. “If you’re giving somebody money and relying on them in anticipation of profits,” that’s a security under the law. — PolitiTweet.org

Posted Sept. 28, 2021 Deleted after 30 days

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nilay patel @reckless

“The history of private moneys is that private moneys tend not to exist.” Says if crypto industry wants to participate in consumer protection regulation they will continue to exist. — PolitiTweet.org

Posted Sept. 28, 2021 Deleted after 30 days

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nilay patel @reckless

Gensler not realllllly articulating his position here at Code, apart from saying unregulated currencies are a risk to investors. “Very few things in finance end well when they stay out of our public policy frameworks,” he says. Sure — but what does he want to do about it? — PolitiTweet.org

Posted Sept. 28, 2021 Deleted after 30 days