<ul><li>The SEC chairman said all digital assets, except Bitcoin will be classified as securities.</li><li>Chia CEO, Gene Hoffman said his company plans to register the XCH token as an equity.</li><li>According to Hoffman, Chia has never sold any of the XCH it owns.</li></ul>Chia CEO Gene Hoffman has faulted the classification of all <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" rel="noopener noreferrer nofollow">cryptocurrencies</a>, except Bitcoin, as securities by Gary Gensler, Chairperson of the Securities and Exchange Commission (SEC) of the United States. Gensler made the classification while answering questions about his agency, including his involvement with Sam Bankman-Fried (SBF), the former chief of the defunct exchange FTX.<a href="https://coinedition.com/chia-ceo-faults-gary-genslers-blanket-crypto-classification/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Chia CEO Faults Gary Gensler’s Blanket Crypto Classificat

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