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Kraken's New CEO Flips the Bird at SEC, Declines to List Crypto Assets as Securities

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Kraken's New CEO Flips the Bird at SEC, Declines to List Crypto Assets as Securities - Gizmodo

Quick Summary:

SEC Chair Gary Gensler has repeatedly said that most crypto tokens fall under the auspices of his domain as securities.

The SEC said the project manager had bought 25 types of crypto assets, calling nine of those securities.

Powell once tweeted “people get triggered by everything and can’t conform to basic rules of honest debate.Back to dictatorship.” In response to further condemnation, Powell said “I don’t know what to say to people who feel like they deserve some kind of a workplace where they don’t have to adhere to policies.

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Article Details

Author / Journalist: Kyle Barr

Category: Technology

Topics: Digitalcurrencies Securitiesfraud Cryptocurrencies Usdepartmentofthetreasury Security Finance Bitcoin Gizmodo Paulgrewal Kraken Garygensler Coinbase Jessepowell Daveripley Ussecuritiesandexchangecommission Money

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 14:45:00

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 5 minutes read

Article Length: 736 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 496321

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About Gizmodo

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Headquarters: United States

News Last Updated: 8h ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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