SEC won’t give into Coinbase demands, says it wants the impossible
Coinbase wants the SEC to outline new regulations on crypto and digital tokens but the regulator says it’s completely beyond its statute.
Cryptocurrency news by Protos · Protos
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Show Notes
The Securities and Exchange Commission has replied to crypto exchange Coinbase's petition that demanded it outline and adopt new regulations on crypto and digital tokens.
In its petition, initially submitted in July of last year, Coinbase argued that most of the tokens traded on its platform shouldn't be defined as securities. It also wants the SEC to define what tokens are classified as such.
Listen to the article to discover what the Securities and Exchange Commission had to say,
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