SEC’s Attempt to Build Monopoly for Ethereum Still in Question
- Mr. Huber questioned Ethereum’s contrasting perspectives on the notion of monopoly.
- Ethereum refuted the SEC’s alleged preference for the blockchain network.
- The contrasting stance was exposed when Ethereum highlighted DTCC’s monopoly.
Mr. Huber, a renowned sleuth on X, recently lambasted the leading blockchain network Ethereum’s contrasting comments on the concept of “monopoly”. According to his tweet, while Ethereum refuted the SEC’s alleged preference for the network, they highlighted the post-trade financial services company Depository Trust and Clearing Corporation’s (DTCC) monopoly.
WTF! After the Ethereum people taught me that it is completely absurd to claim that the SEC could ever try to build a monopoly for something. I tried to found a new clearing network in the US. But then the same people told me that this is impossible because the DTCC has a…
— Mr. Huber(@Leerzeit) November 24, 2023
In a previous tweet, Mr. Huber shed light on Ripple’s unequivocal comment on the Securities and Exchange Commission’s (SEC) biased approach. Sharply criticizing the regulator’s disparity in applying the Howey test to cryptocurrencies, he cited…
The post SEC’s Attempt to Build Monopoly for Ethereum Still in Question appeared first on Coin Edition.
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SEC’s Attempt to Build Monopoly for Ethereum Still in Question
- Mr. Huber questioned Ethereum’s contrasting perspectives on the notion of monopoly.
- Ethereum refuted the SEC’s alleged preference for the blockchain network.
- The contrasting stance was exposed when Ethereum highlighted DTCC’s monopoly.
Mr. Huber, a renowned sleuth on X, recently lambasted the leading blockchain network Ethereum’s contrasting comments on the concept of “monopoly”. According to his tweet, while Ethereum refuted the SEC’s alleged preference for the network, they highlighted the post-trade financial services company Depository Trust and Clearing Corporation’s (DTCC) monopoly.
WTF! After the Ethereum people taught me that it is completely absurd to claim that the SEC could ever try to build a monopoly for something. I tried to found a new clearing network in the US. But then the same people told me that this is impossible because the DTCC has a…
— Mr. Huber
In a previous tweet, Mr. Huber shed light on Ripple’s unequivocal comment on the Securities and Exchange Commission’s (SEC) biased approach. Sharply criticizing the regulator’s disparity in applying the Howey test to cryptocurrencies, he cited…
The post SEC’s Attempt to Build Monopoly for Ethereum Still in Question appeared first on Coin Edition.
Read More