US SEC Commissioner: US encryption law cannot assume that everyt
Asked at Australia Blockchain Week how she would regulate cryptocurrencies, SEC Commissioner Hester Peirce said, "I think we have to make sure that whatever regulatory framework we adopt, we can't just assume that everything is a financial asset." While cryptocurrencies are considered a very financial term, other uses exist, such as enabling people to interact without a centralized entity. This is useful in finance but also in building social media platforms or whatever
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