cryptohumor

Hey Traveler! It’s Friday 🔥😎 what are your plans for the weekend? Thinking about a short trip somewhere? Your TravelerToken team wishes you a nice weekend 🙏🏼 #friday #holiday #travel #tlt #traveler #tourism #freitag #new #cryptonews #cryptohumor #cryptotrading #cryptocurrency #technology #blockchain #blockchainnews #spendlesstravelmore

When you realize how much money you’ve lost buying crypto

Probably the biggest sigh of relief in the history of crypto. - - The SEC's point man on cryptocurrencies and initial coin offerings (ICOs) says that bitcoin and ether are not securities but that many, but not all, ICOs are securities and will come under the regulatory control of the SEC and relevant securities laws. . . . "Central to determining whether a security is being sold is how it is being sold and the reasonable expectations of purchasers," William Hinman, head of the Division of Corporation Finance at the SEC, said in a speech at the Yahoo All Markets Summit: Crypto conference in San Francisco. . . . Hinman said the primary issue in determining whether cryptocurrencies and ICOs were securities was the expectation of a return by a third party, specifically whether there was a person or group that sponsored the creation and sale of the asset, and who played a significant role in its development and maintenance. For purchasers of the asset, the key is whether they are seeking a return on the investment. . . . Decentralization is key Hinman specifically said that bitcoin is not a security because it is decentralized: there is no central party whose efforts are a key determining factor in the enterprise. In addition, ether is also not a security because the ethereum network is also decentralized. . . . Hinman did not address the securities status of other cryptocurrencies, notably ripple (XRP), which is the subject of a lawsuit alleging that it is a security, noting only that, "Over time, there may be other sufficiently decentralized networks and systems where regulating the tokens or coins that function on them as securities may not be required." . . . #cryptocurrency #blockchain #crypto #ethereum #btc #entrepreneur #business #investing #bitcoins #litecoin #cryptocurrencies #money #ripple #ico #wealth #monero #eth #entrepreneurlife #gold #realestate #altcoins #iota #fintech #bitcoinnews #grantcardone #onlinebusiness #entrepreneurship #forex #cryptohumor #bitcoin

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