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Excerpt from the Lummis/Gillibrand Bill draft: "...shall be deemed a security, as defined in section 9801 of title 31, United States Code, any coin or token that is used to facilitate the governance of a distributed ledger technology network or decentrali

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Excerpt from the Lummis/Gillibrand Bill draft: "...shall be deemed a security, as defined in section 9801 of title 31, United States Code, any coin or token that is used to facilitate the governance of a distributed ledger technology network or decentralized autonomous organization.”

Should we pour some Hennessy on the ground or follow the etherean playbook?

  • deny
  • make excuses for
  • forget

Also, the SD of NY called a conference for tomorrow (same day Bill is getting unveiled) between SEC and Ripple:

https://twitter.com/digitalassetbuy/status/1533790737346793472?s=20&t=AJEFR0lSIcR4oAAzD_fBag

Senator Lummis, would you like to comment on all this?

https://preview.redd.it/j9wha6us61491.jpg?500&format=pjpg&auto=webp&s=899636c1af856898ed6fdac25de7e51ec97f3a3b

submitted by /u/Mallardshead
[link] [comments]

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