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SEC Lists 48 Cryptocurrencies as Securities, Excluding Bitcoin and Ethereum

The SEC has reportedly shared a list of 48 cryptocurrencies that it considers to be securities, according to a tweet by Chinese journalist Colin Wu. Notably, Bitcoin and Ethereum are not on this list. The SEC has been cracking down on cryptocurrencies, claiming that most digital tokens are unregistered securities. Ripple Labs and its XRP token were the first target of the SEC's securities agency, with the company accused of selling XRP as unregistered securities to investors.

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