Gensler has again suggested proof-of-stake coins may be securities.
“The investing public is investing anticipating a return, anticipating something on these tokens, whether they’re proof-of-stake tokens, where they’re also looking to get returns on those proof-of-stake tokens and getting 2%, 4%, 18% returns.”
“Whatever they’re promoting and putting into a protocol, and locking up their tokens in a protocol, a protocol that’s often a small group of entrepreneurs and developers are developing, I would just suggest that each of these token operators [...] seek to come into compliance, and the same with the intermediaries," he continued.
Gensler has voiced his opinion on proof-of-stake coins before. In September, after the Ethereum Merge, Gensler️ Open Commission Meeting ️
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