This is a great example of why I started . Why does the NOT provide regulatory clarity and guidance within the Digital Asset space?
Why do the regulators leave it vague and open to interpretation?
Without clear guidance it allows the government to
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Huge asymmetrical risk for exchanges. Have to assume SEC's case is in good faith. Judges tend to side with agencies. If XRP found to be a security, SEC would say that exchanges should have known. Safe harbor pending outcome would have been responsible if only purpose is to "test" twitter.com/bgarlinghouse/…
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