Oct. 27, 2023
The SEC is supposed to have rules and regulations that help keep crypto/digital asset investors safe but it seems they are doing more harm than good. They attacked many of the top cryptos and called them securities when they’re not and hurt investors while doing so. I strongly argue that using the “Howey Test” to determine what securities are for digital assets is not fair because it is super outdated and does not apply to digital assets such as crypto. Because for example if you call (Hex and Pulsechain securities by Richard Heart) that means Etherium is a security also but that makes no sense because these are the most true decentralized cryptos in the world. I think it’s time you guys update your rules and regulations and take Gary Gensler out of office. Thank you for listening and I hope you understand and take my suggestions along with everyone else’s into consideration.