Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested
— Cryptocurrencies, Invested, Amount, Applied, Work, Owner, Apply, Security, Tuesday declared, Policy related — 1 min read
U.S. Office of Government Ethics says de minimis exemption doesn't apply to any cryptocurrency or stablecoin. OGE: Cryptocurrency is securities for purposes of federal or state securities laws. The exemption would allow the owner of a certain amount below a certain threshold to work on policy related to that security. The OGE issued a legal advisory notice issued by the OGE on Tuesday. It says the exemption doesn’t apply even if the cryptocurrencies in question “constitute securities’s for purposes’ purposes of the federal or. state securities law. OEG: Cryptos are securities; they’re not securities. They're not securities, they're not a security. They’ll be a currency. Source