Can you explain?
Can you explain?
It will be labeled a security, just like they're going to do to XRP, meaning it can no longer be traded on any exchange legally within the united states.
It will be labeled a security, just like they're going to do to XRP, meaning it can no longer be traded on any exchange legally within the united states.
If it's a security, then I should be able to trade it in the future, right? It might get taxed but I didn't lose it all.
If it's a security, then I should be able to trade it in the future, right? It might get taxed but I didn't lose it all.
You'll be able to hold it, and trade it to other wallets, but it will be illegal to trade it on any exchange. Making it practically worthless, and almost impossible to put a value to it in the future.
Any crypto that gets labeled a security in the future will be metaphorically killed. And no one will use it anymore, they will all die a slow death.
You'll be able to hold it, and trade it to other wallets, but it will be illegal to trade it on any exchange. Making it practically worthless, and almost impossible to put a value to it in the future.
Any crypto that gets labeled a security in the future will be metaphorically killed. And no one will use it anymore, they will all die a slow death.
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