We asked the SEC for reasonable crypto rules for Americans
I don’t think the “crypto isn’t a security” argument is going very far. The SEC has a very loose definition of a security - vaguely, something you buy with the expectation to make money from it appreciating - that is meant to capture unforeseen cases exactly like crypto.A single quote from someone isn’t changing years and millions of pieces of evidence of people using and promoting crypto almost entirely as a security by this definition.