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RE: Telegram Responds to SEC: Gram Tokens Are Not Securities - CoinDesk
Telegram should challenge the constitutionality of SEC regulation of crypto. Crypto is just a immutable public ledger AKA a printing press.
The First Amendment protects it from Federal government regulation.
That is an interesting perspective although the precedent is probably on funding and not the printing of anything whether physical or digital. However, I think they are doing their economy a disservice by limiting growth and innovation in the technology and the markets it is creating.
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