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tldr; The SEC has said that under current guidelines, most cryptocurrencies could qualify as securities. In July, the regulator labeled nine cryptocurrencies as securities in an insider trading charge against former Coinbase executives Ishan Wahi, his brother Nikhil Wahi and his friend Sameer Ramani. INX ONE CEO Douglas Borthwick believes that regulatory clarity will offer a healthy sign of maturity for crypto, exchanges and traders.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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