SEC: Everything Apart from Bitcoin is a Security
3 min readFeb 27, 2023
The Chair of the Securities and Exchange Commission (SEC), Gary Gensler, recently revealed that the lack of clear crypto regulations in the United States is causing most digital assets, excluding Bitcoin, to be considered unregistered securities. Kraken cryptocurrency exchange’s staking program has already been classified as such, which means proof-of-stake (PoS) secured blockchains like Ethereum…