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by JumpCrisscross 770 days ago
SEC regulates securities-based derivatives. I used to professionally make markets in those.

SEC and CFTC are both claiming jurisdiction over Bitcoin.

1 comments

Correct. And this case hinges on the yet undecided question as to whether or not Bitcoin and numerous other cryptocurrencies are actually securities.
Once more, it's not undecided. Coinbase tried exactly the same argument in their case and lost.