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110 sats \ 1 reply \ @Eximpius 15 Feb 2023 \ on: Binance stablecoin backer says SEC has labeled token an unregistered security bitcoin
How can they call it a security. There is no incentive to make money with BUSD. I mean fuck a shitcoin on BNB but I dont see how they can call it a security. It stays the same price of $1.
Obviously they're concerned about the fact that users could lose significant amounts of money on the underlying asset, USD, compared to BTC. 😁
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