“What does it mean to work collaboratively?” Boring asked. To the SEC, the answer doesn’t matter, when a group of people organize to build a potentially valuable system, it “triggers our laws,” she added. At least on stage, Boring didn’t seem confident this different definition cold be explained away – not by lobbying or commenting on proposed guidance, she said.
Source: https://www.coindesk.com/consensus-magazine/2023/04/26/crypto-and-regulators-are-speaking-the-same-language-when-it-comes-to-financial-transparency/?utm_medium=referral&utm_source=rss&utm_campaign=headlines