• inquiringtimes (64)in #deepthink • 7 years ago

  RE: Does the STEEM Blue Paper respond to a recent decision by the SEC to consider some Crypto-Currencies Securities?

  whether they are treated as securities or not can only be answered ultimately by the SEC. Buuuuut, based on this recent speech by SEC official, steem is centralized enough to be…

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• inquiringtimes (64)in #deepthink • 7 years ago

  RE: Does the STEEM Blue Paper respond to a recent decision by the SEC to consider some Crypto-Currencies Securities?

  hah, I doubt it. I had a chat with Ned once about the SEC, and he was well thought out and confident about Steems position. I'm not sure it matters, since steemit was not an…

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• poshest (25)in #deepthink • 7 years ago

  RE: Does the STEEM Blue Paper respond to a recent decision by the SEC to consider some Crypto-Currencies Securities?

  And yet, all of the exchanges that list Steem also require that listed tokens pass the Howey test (ie aren't securities).

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• inquiringtimes (64)in #deepthink • 7 years ago

  RE: Does the STEEM Blue Paper respond to a recent decision by the SEC to consider some Crypto-Currencies Securities?

  well, the folk at Steemit Inc got a legal team to deal with all of that. I'm definitely not expert level securities analyst :D It's gonna take a couple years before we see how…

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