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https://warpcast.com/~/channel/law-policy
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Philipp Petkevitch
@petkevitch
Last week in crypto regulation (May 19 – 25): 1/ Peirce: Most Tokens Not Securities Memes, stables & NFTs don’t convey equity, so securities rules shouldn’t apply. https://www.sec.gov/newsroom/speeches-statements/peirce-remarks-sec-speaks-051925
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Auss
@aussonchain
I hope that what follows this are better tax laws in crypto that make filing taxes way less of a nightmare
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Auss
@aussonchain
lol definitely not legal advice. I have wondered if setting up a foreign entity that I fund and then pay myself distributions as a partner from profits would be more profitable, but it wouldn’t be worth it if I couldn’t have the money be received as long term cap gains instead of income
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Philipp Petkevitch
@petkevitch
it depends🤷‍♂️
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Auss
@aussonchain
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