#ElSalvador avoided all this s*** by passing a new law that states that #Bitcoin is money, everything else is an unregistered security.
Quoting @SethHertlein:
Thereβs never a slow news week in #crypto, but this week was truly extra:
-The SEC sued @Binance and @Coinbase,
-10 states piled on Coinbase the same day,
-the SEC won a TRO freezing @BinanceUS assets, and
-2 senators told the DOJ to investigate Binance for perjury.
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