SEC rules that DAO shares were a security: https://www.sec.gov/news/press-release/2017-131 … (like most laws, if it looks & quacks like an X, regs on Xes apply)
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SEC rules that DAO shares were a security: https://www.sec.gov/news/press-release/2017-131 … (like most laws, if it looks & quacks like an X, regs on Xes apply)