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PA Tushuo | Yitu understands the tokens that have been identified as securities by the US SEC
The U.S. Securities and Exchange Commission (SEC) is tightening regulations on cryptocurrencies. After repeatedly stating that "everything other than Bitcoin is a security within the purview of this agency", SEC Chairman Gary Gensler emphasized on June 6, "We have already realized the digitization of currencies such as the US dollar and the euro. There is no need for more digital currencies.” According to incomplete statistics from PANews, as of June 7, in 29 cases accused by the SEC since 2017, a total of 75 encrypted tokens were identified as unregistered securities.