Opinion
Bored Apes look a lot like baseball cards. But regulators — particularly at the Securities and Exchange Commission — are making a strained case to the contrary.
Todd White is the founder of the American Blockchain PAC. Ralph Benko is senior counselor to the group.
Bored Apes look a lot like baseball cards. But regulators — particularly at the Securities and Exchange Commission — are making a strained case to the contrary.
We don’t tax houses while they’re under construction, and we shouldn’t impose taxes on cryptocurrency while it’s staked.