Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
US SEC: Stick to the “ecosystem” view, digital asset buyers are “buying something”

US SEC: Stick to the “ecosystem” view, digital asset buyers are “buying something”

CointimeCointime2024/06/21 00:41
By:Cointime

Fox journalist Eleanor Terrett wrote on X platform that during the Kraken hearing on the motion to dismiss by the US Securities and Exchange Commission (SEC), the SEC maintained its view of the "ecosystem" to indicate that digital asset buyers are "buying something". SEC lawyers encouraged Judge Orrick to not only consider the contract, but also the overall "substance", such as promotional materials and issuer statements; he even cited Kraken's website, which mentions the "ecosystem".

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Grayscale Files Updated S-1 for Spot Solana ETF

Grayscale updates its SEC filing for a spot Solana ETF, signaling growing institutional interest in SOL.Grayscale Pushes Forward With Solana ETF PlansWhy Solana?What This Means for the Market

Coinomedia2025/04/05 06:11
Grayscale Files Updated S-1 for Spot Solana ETF