Dogecoin's
Is copying the king coin the saving grace?and hence it could not be termed as a security. He also mentioned that DOGE was community-driven. Therefore, its decentralized nature might have helped it get away from SEC’s prescription jurisdiction.
“I think that there are groups that build and have centralized companies. But that doesn’t mean that a cryptocurrency is not decentralized because they have centralized entities.”. And it is unclear whether or not the agency will take any regulatory action against the cryptocurrency.
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