Grayscale admitted that Zcash, Stellar and Horizon may be securities

The specialists of the asset management company Grayscale Investments LLC admitted that the cryptocurrencies Zcash (ZEC), Stellar (XLM) and Horizon (ZEN) can be classified as securities. CoinDesk writes about this with reference to the organization’s documents. According to the publication, Grayscale was contacted by employees of the SEC’s corporate finance and law enforcement departments. They…


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