Here’s a List of Some of the Tokens the SEC Has Called a Security so Far

The cryptocurrency information aggregator CoinGecko added a brand new part on its web site exhibiting the highest 48 crypto belongings deemed securities by the US SEC. 

The mixed market capitalization of these digital currencies is at present over $91 billion, representing 7.5% of the entire $1.21 billion cap. 

• CoinGecko introduced a brand new index that tracks the efficiency of among the main cryptocurrencies labeled as securities by the SEC. 
• The biggest digital asset on that record, with a market cap of over $37 billion, is Binance Coin (BNB) It’s adopted by Cardano (ADA), Solana (SOL), Tron (TRX), and Polygon (MATIC). These 5 tokens account for over 75% of the whole market capitalization of the 48 cash included within the characteristic.
• CoinGecko’s new characteristic comes on account of the conflict that the US SEC waged on two of the trade’s behemoths – Binance and Coinbase.
• The Fee filed lawsuits towards the exchanges initially of June, alleging them of violating a number of guidelines and providing buying and selling providers with unregistered securities.
• It’s price mentioning that the 48 cryptocurrencies included in CoinGecko’s index usually are not all the belongings which the company has categorised as securities through the years. Locke (LOCKE), Beaxy Token (BXY), Ducat (DUCAT), and Paragon (PRG) are among the lacking ones.
• The biggest cryptocurrency by market capitalization – Bitcoin (BTC) – can also be not on the record. The SEC’s Chairman – Gary Gensler – has beforehand claimed that that is the one digital asset that could possibly be handled as a commodity.