HomeCryptoGray color, SEC filings reveal, says Cryptos XLM, ZEC, ZEN may be...

Gray color, SEC filings reveal, says Cryptos XLM, ZEC, ZEN may be securities

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Despite the relatively small trusts, any uncertainty about the trio’s legal status — whether they are securities — highlights Grayscale’s share of the regulatory gamble. The trust business assumes that these cryptocurrencies are not securities; if it finds otherwise, the documents say, it may have to pull the plug on the trusts.

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