We honestly do not deserve Matt Levine
![Securities regulator: Your Earn product is a security and needs to be registered with us. Crypto platform operator: That’s ridiculous, Earn is just like a bank account, that’s not a security. Banking regulator: Hi! I couldn’t help overhearing. Did you just say that YOU WOULD LIKE US TO REGULATE YOU AS A BANK? Crypto platform operator: [screams, dives out window]](/d/D22k5s5S4RKhRh16B4.png "Securities regulator: Your Earn product is a security and needs to be registered with us. Crypto platform operator: That’s ridiculous, Earn is just like a bank account, that’s not a security. Banking regulator: Hi! I couldn’t help overhearing. Did you just say that YOU WOULD LIKE US TO REGULATE YOU AS A BANK? Crypto platform operator: [screams, dives out window]")
one honk maybe more
benjojo
replied 18 Jan 2023 10:21 +0000
in reply to: https://benjojo.co.uk/u/benjojo/h/x1H6c26QQ741x4rQ2c
Taken from: https://www.bloomberg.com/opinion/articles/2023-01-17/sec-comes-for-gemini-too-late (via the newsletter), Attached is a PDF of the section in question Attachment: SEC Comes for Gemini Too Late.pdf PDF of the section in the OP (0)