The Clarity Act accepts fragmented, coin-by-coin explanations that function similarly to securities. This is what most senators rejected.
Here is a list of 16 cryptocurrencies whose status has already been clearly recognized first by the SEC as digital commodities:
1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Solana (SOL)
4. Ripple (XRP)
5. Cardano (ADA)
6. Chainlink (LINK)
7. Avalanche (AVAX)
8. Polkadot (DOT)
9. Stellar (XLM)
10. Hedera (HBAR)
11. Litecoin (LTC)
12. Dogecoin (DOGE)
13. Shiba Inu (SHIB)
14. Tezos (XTZ)
15. Bitcoin Cash (BCH)
16. Aptos (APT)
The ones that don’t make it into the 16 digital commodity assets are still fighting to be recognized as securities, which is now rejected by most senators. That decision doesn’t affect the 16 cryptocurrencies recognized as digital commodities. But you know how it is—how negative sentiment from the news can spread everywhere.
I’m just wondering why DOGE and SHIB can be included in the category of digital commodity crypto assets. They’re meme coins, so why is that?
Here is a list of 16 cryptocurrencies whose status has already been clearly recognized first by the SEC as digital commodities:
1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Solana (SOL)
4. Ripple (XRP)
5. Cardano (ADA)
6. Chainlink (LINK)
7. Avalanche (AVAX)
8. Polkadot (DOT)
9. Stellar (XLM)
10. Hedera (HBAR)
11. Litecoin (LTC)
12. Dogecoin (DOGE)
13. Shiba Inu (SHIB)
14. Tezos (XTZ)
15. Bitcoin Cash (BCH)
16. Aptos (APT)
The ones that don’t make it into the 16 digital commodity assets are still fighting to be recognized as securities, which is now rejected by most senators. That decision doesn’t affect the 16 cryptocurrencies recognized as digital commodities. But you know how it is—how negative sentiment from the news can spread everywhere.
I’m just wondering why DOGE and SHIB can be included in the category of digital commodity crypto assets. They’re meme coins, so why is that?