Gillibrand and Lummis state that most altcoins are securities - Cointelegraph
6/8/2022 12:00:00 AM2 years 10 months ago
by Felix Ng
by Felix Ng
Most altcoins will likely be considered as securities under a proposed new crypto bill, though Bitcoin (BTC) and Ether (ETH) will be classed as commodities.
United States Senators Kirsten Gillibrand and Cyntia Lummis believe that most altcoins would likely be considered securities under their proposed new legislation, but they confirmed that Bitcoin (BTC… [+3166 chars]
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