Excerpt from the Lummis/Gillibrand Bill draft: "...shall be deemed a security, as defined in section 9801 of title 31, United States Code, any coin or token that is used to facilitate the governance of a distributed ledger technology network or decentralized autonomous organization.”

Ought to we pour some Hennessy on the bottom or comply with the etherean playbook?

Additionally, the SD of NY referred to as a convention for tomorrow (similar day Invoice is getting unveiled) between SEC and Ripple:

Senator Lummis, would you wish to touch upon all this?

https://preview.redd.it/j9wha6us61491.jpg?width=500&format=pjpg&auto=webp&s=899636c1af856898ed6fdac25de7e51ec97f3a3b

submitted by /u/Mallardshead
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Excerpt from the Lummis/Gillibrand Bill draft: "…shall be deemed a security, as defined in section 9801 of title 31, United States Code, any coin or token that is used to facilitate the governance of a distributed ledger technology network or decentralized autonomous organization.”