Dash’s Reaction to SEC’s Newest Salvo in Crypto Regulatory Battle

Dash, a privacy-centric payments crypto, has responded to the US Securities and Exchange Commission’s (SEC) claims that it is a security. The regulator listed six altcoins that it claimed were securities, including Dash, which it said was part of a sale not registered with the SEC. The Dash Community account commented on Twitter: “There’s no reasonable interpretation that would call Dash a security,” pointing out that payments to miners and masternodes did not mean Dash had an investment contract or profit expectations. The community also declared that decentralised governance and financial sovereignty were not crimes. Dash’s price dropped 6% after the claims, but has since recovered marginally.