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Ledger Nano X - The secure hardware wallet
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A New SEC Definition for ‘Exchanges’ Has Big Implications for Crypto

6 April 2022
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There are, of course, two threshold issues. First, which tokens, if any, are actually securities? On that long-standing issue, this proposal is silent. Second, did the SEC even intend to rope crypto into this proposed regulatory regime? Nothing in the 654-page rule mentions crypto, DeFi or blockchain protocols generally, and so there is room for doubt.

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