ICYMI: Ethereum creator Vitalik Buterin has slammed Bitcoin maximalists in a recent tweet ETH $ETH
In a video clip, Saylor claims that the securities laws have their basis in the Decalogue, a set of biblical principles relating to ethics and worship. “The basis of securities laws is thou shall not lie, cheat or steal. That’s the basis of the law. That’s the basis of the law,” Saylor said. Hence, he doesn’t buy the popular argument that the securities laws are antiquated.that the second-largest cryptocurrency was obviously “a security.
In June, the MicroStrategy boss also opined that the “parade of horribles” of actually hurting Bitcoin, urging the government to regulate the broader cryptocurrency industry. The Ethereum community was quick to hit back at Saylor by recalling that the ardent Bitcoin supporter wasby the Securities and Exchange Commission back all the way back in 2000. Saylor paid a fine to settle with the regulator without admitting or denying charges. The company allegedly reported massive profits despite losing money, thus artificially boosting its value. Saylor famously lost a record-breaking $6 billion in a single day after the erroneously booked revenue was exposed.
SEC Chair Gary Gensler has repeatedly opined that the majority of digital assets in circulation could be classified as unregistered securities. At the same time, Gensler recently clarified that Bitcoin is a commodity.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Weekend Watch: BTC Recorded 6-Week High, ETC Up 45% Weekly Following Vitalik Buterin's TalkEver since Vitalik Buterin's suggestion about miners perhaps switching to Ethereum Classic, ETC has soared by almost 50%.
Read more »
Bitcoin Maximalist Michael Saylor Makes the Case Against EthereumFamous bitcoin maxi Michael saylor doesn’t share the same enthusiasm for Ethereum. In fact, the MicroStrategy CEO questions the protocol's technical reliability and security as well as its ethical soundness.
Read more »
Ethereum Achieves New Milestones After 30% Rise: DetailsNew investors are flowing into ethereum as the price remains in the $1,700 range. glassnodealerts
Read more »
Ethereum Mining Firm Launches ETC Mining Software; Weekly ETC Price Surges 54%Top Ethereum mining company releases ETC mining software, ETC up 54% weekly EthereumClassic ETCArmy
Read more »
Here's How Ethereum (ETH) Economics Will Be Affected by Merge: ReportHere's how Ethereum $ETH economics can be affected by the Merge: Explained by skatensurf_ of ambergroup_io Ethereum ETH
Read more »
BTC, ETH and XRP Price Analysis for July 31Can the top coins keep rising faster than BTC? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie
Read more »