Re: Potential list of securities in the US [was: Unlawful Unregistered Securities, DID and VC]

Why is this just being brought up now? China explicitly banned all
cryptocurrencies in September 2021 [1]. If we’re going to impose
restrictions for a single jurisdiction we should for all therefore every
did method that relies upon a cryptocurrency should be removed under this
logic. Do you agree that’s a fair extension of your logic? Or should we be
more subjectively selective, against the consensus of the DID WG which
explicitly stated the registries were not to be used in this way? Won’t
this just lead to a select few number of did methods being allowed based
upon a non-unanimous definition of legality? Within the US this is still
being interpreted by the judicial system about whether these even are
securities.  Globally, there’s a patchwork of legal interpretations. I’ve
pointed to China’s laws as one example but what about the regulations that
suggest an immutable identifier is actually illegal under GDPR’s framework.
Wouldn’t that mean all did methods, blockchain keys, and nostr identifiers
are illegal and therefore should be unreferencable at W3C? Or are we not
wanting to slip this far down the slippery slope we’re creating with this
interpretation?

[1]:
https://asia.nikkei.com/Spotlight/Cryptocurrencies/Chinese-crypto-activity-slows-but-not-dead-despite-ban

On Fri, 16 Jun 2023 at 2:17 AM Melvin Carvalho <melvincarvalho@gmail.com>
wrote:

> I was looking for a potential list of securities, that may be used improve
> the did method registry, and closest I came to was this article, there may
> be better:
>
>
> https://beincrypto.com/full-list-cryptos-securities-sec-lawsuit-binance-coinbase/
>
> criteria: an investment of money, in a common enterprise, with an
> expectation of profit derived predominantly from the efforts of others
>
> List:
>
> Cosmos (ATOM)
> Binance Coin (BNB)
> Binance USD (BUSD)
> COTI (COTI)
> Chiliz (CHZ)
> Near (NEAR)
> Flow (FLOW)
> Internet Computer (ICP)
> Voyager Token (VGX)
> Dash (DASH)
> Nexo (NEXO)
> Solana (SOL)
> Cardano (ADA)
> Polygon (MATIC)
> Filecoin (FIL)
> The Sandbox (SAND)
> Decentraland (MANA)
> Algorand (ALGO)
> Axie Infinity (AXS)
>
> Prominent cryptocurrencies previously declared securities by the SEC
> include:
>
> Ripple (XRP)
> Telegram’s Gram (TON)
> LBRY Credits (LBC)
> OmiseGo (OMG)
> DASH (DASH)
> Algorand (ALGO)
> Naga (NGC)
> Monolith (TKN)
> IHT Real Estate (IHT)
> Power Ledger (POWR)
> Kromatica (KROM)
> DFX Finance (DFX)
> Amp (AMP)
> Rally (RLY)
> Rari Governance Token (RGT)
> DerivaDAO (DDX)
> XYO Network (XYO)
> Liechtenstein Cryptoasset Exchange (LCX)
> Kin (KIN)
> Salt Lending (SALT)
> Beaxy Token (BXY)
> DragonChain (DRGN)
> Tron (TRX)
> BitTorrent (BTT)
> Terra USD (UST)
> Luna (LUNA)
> Mirror Protocol (MIR)
> Mango (MNGO)
> Ducat (DUCAT)
> Locke (LOCKE)
> EthereumMax (EMAX)
> Hydro (HYDRO)
> BitConnect (BCC)
> Meta 1 Coin (META1)
> Filecoin (FIL)
> Binance Coin (BNB)
> Binance USD (BUSD)
> Solana (SOL)
> Cardano (ADA)
> Polygon (MATIC)
> Cosmos (ATOM)
> The Sandbox (SAND)
> Decentraland (MANA)
> Axie Infinity (AXS)
> COTI (COTI)
> Paragon (PRG)
> AirToken (AIR)
> Chiliz (CHZ)
> Flow (FLOW)
> Internet Computer (ICP)
> Near (NEAR)
> Voyager Token (VGX)
> Nexo (NEXO)
> Mirrored Apple Inc. (mAAPL)
> Mirrored Amazon.com, Inc. (mAMZN)
> Mirrored Alibaba Group Holding Limited (mBABA)
> Mirrored Alphabet Inc. (mGOOGL)
> Mirrored Microsoft Corporation (mMSFT)
> Mirrored Netflix, Inc. (mNFLX)
> Mirrored Tesla, Inc. (mTSLA)
> Mirrored Twitter Inc. (mTWTR)
> Mirrored iShares Gold Trust (mIAU)
> Mirrored Invesco QQQ Trust (mQQQ)
> Mirrored iShares Silver Trust (mSLV)
> Mirrored United States Oil Fund, LP (mUSO),
> Mirrored ProShares VIX Short-Term Futures ETF (mVIXY)
>
> These instruments should not be promoted under the w3c banner, imho
>