Logo
Cardano Ecosystem

Cryptopotato

08/07/2023

·

40 views


Here's a List of Some of the Tokens the SEC Has Called a Security so Far

The cryptocurrency data aggregator CoinGecko added a new section on its website showing the top 48 crypto assets deemed securities by the US SEC.  The combined market capitalization of those digital...

Here's a List of Some of the Tokens the SEC Has Called a Security so Far

The cryptocurrency data aggregator CoinGecko added a new section on its website showing the top 48 crypto assets deemed securities by the US SEC. 

The combined market capitalization of those digital currencies is currently over $91 billion, representing 7.5% of the whole $1.21 billion cap. 

  • CoinGecko introduced a new index that tracks the performance of some of the leading cryptocurrencies labeled as securities by the SEC. 
  • The largest digital asset on that list, with a market cap of over $37 billion, is Binance Coin (BNB) It is followed by Cardano (ADA), Solana (SOL), Tron (TRX), and Polygon (MATIC). Those five tokens account for over 75% of the entire market capitalization of the 48 coins included in the feature.
  • CoinGecko’s new feature comes as a result of the war that the US SEC waged on two of the industry’s behemoths – Binance and Coinbase.
  • The Commission filed lawsuits against the exchanges at the beginning of June, alleging them of violating several rules and offering trading services with unregistered securities.
  • It is worth mentioning that the 48 cryptocurrencies included in CoinGecko’s index are not all of the assets which the agency has classified as securities over the years. Locke (LOCKE), Beaxy Token (BXY), Ducat (DUCAT), and Paragon (PRG) are some of the missing ones.
  • The largest cryptocurrency by market capitalization – Bitcoin (BTC) – is also not on the list. The SEC’s Chairman – Gary Gensler – has previously claimed that this is the only digital asset that could be treated as a commodity.
SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.


AD

Cardano Catalyst Project - Discover and Vote for our proposals in Fund 10 by Sep 14th, 2023 11:00 UTC

If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Our Proposals.VOTE FOR US!


Read Original Article on Cryptopotato

ORIGINAL SOURCE

https://cryptopotato.com/heres-a-list-of...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


NFTxLV | Sep 29 - Oct 1, 2023 | Las Vegas Convention Center

More from Cryptopotato

See more
Cardano's Transaction Volume up by 1,700% Since January Even as Market Flatlines: Data
Cryptopotato
Cardano's Transaction Volume up by 1,700% Since January Even as Market Flatlines: Data

09/04/2023

·

11 views

Related News

See more
NFTxLV | Sep 29 - Oct 1, 2023 | Las Vegas Convention Center

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)