Cryptocurrency

‘Crypto assets are not automatically securities’





Montana blasts SEC's 'regulatory power grab' in Kraken case: 'Crypto assets are not automatically securities'

Montana introduced an amicus curiae in the case of the SEC and U.S.-based cryptocurrency exchange Kraken, criticizing the agency’s “grab of regulatory power.” Montana, supported by seven other states, affirms that crypto assets are not automatically securities and that the SEC’s broad concept of “investment contracts” could preempt state law. Montana and Seven (…)

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