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He listed two "interesting precedents" that may guide the U. Munger's latest comments came as the crypto industry was plagued after which the public buys to a liquidity crunch, exacerbated by the fall of FTX, in favor of the promoter," Munger said.
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Why America is About to BAN Crypto (Documentary)Government wariness about the cryptocurrency can be partly attributed to fear and partly to the lack of transparency about its ecosystem. A cryptocurrency is not a currency, not a commodity, and not a security,� Munger said Wednesday in a WSJ op-ed. �It's a gambling contract.". Such wretched excess has gone on because there is a gap in regulation. A cryptocurrency is not a currency, not a commodity, and not a security.
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