[Cryptography] WSJ.com: SEC Launches C*****currency Probe

Patrick patrick at rayservers.net
Thu Mar 1 09:18:59 EST 2018


John R. Levine wrote on 02/28/2018 09:34 PM:

> The Securities and Exchange Commission has issued dozens of subpoenas and
> information requests to technology companies and advisers involved in the
> red-hot market for c*****currencies, according to people familiar with the
> matter.
> 
> The sweeping probe significantly ratchets up the regulatory pressure on the
> multibillion-dollar U.S. market for raising funds in c*****currencies. ...

The people at the SEC need to understand that just because a blockchain
currency is based on the cryptographic operations of hashing and
signing, denoting that class of currencies by the root word "crypto" is
unwarranted.  Henceforth they should use the term "public ledger," even
though it's not nearly as cool, concise, and scary as "crypto."


-- Patrick


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