ConnorMoran, 10 months ago @mjc @ericjmorey @law Yes, the foreign currency contracts are distinct from the underlying assets, though I'm pretty sure at least coinbase offers derivatives. The ultimate point of the statue is to make sure investors have a remedy for fraud and have the info they need to invest. For actual currencies, the key info is public and anyway most countries are not marketing their currency as an investment. (Edge case: conspiracy grifters selling Iraqi Dinar that supposedly would go to the moon)
@mjc @ericjmorey @law
Yes, the foreign currency contracts are distinct from the underlying assets, though I'm pretty sure at least coinbase offers derivatives.
The ultimate point of the statue is to make sure investors have a remedy for fraud and have the info they need to invest.
For actual currencies, the key info is public and anyway most countries are not marketing their currency as an investment.
(Edge case: conspiracy grifters selling Iraqi Dinar that supposedly would go to the moon)