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In an interview for CNBC, Mougayar mentioned that the SEC, one of the leading authorities with regulatory powers affecting the crypto matters, is trying to adapt to the accelerated pace at which cryptos are evolving:

The SEC is still trying to educate themselves, not just educate the public.

Mougayar also criticized the current position of the SEC, which seeks to create a general category for all tokens and cryptocurrencies:


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