Coinbase vs SEC: Audacity or Careful Judgment?

Comments by Lado Okhotnikov:

"Coinbase has officially responded to the SEC's charges for operating as an unregistered securities exchange.

 

If Binance, which also have been charged, has offered certain concessions and entered into an agreement with the regulator, then Coinbase's response was uncompromising. The exchange stated that all assets placed on the site do not meet the Howie criterion and, accordingly, cannot be considered as securities. If some tokens still have signs of securities, then this was entirely due to the malicious violation of the service rules by users.

It seems that Coinbase is not going to seek a compromise and intends to fight to the end. I must say, this is a quite bold decision, given the SEC's maniacal desire to take control of the cryptocurrency market.

 So, the parties came together in a clinch. The cryptocurrency community will be watching the fight with interest, and Its result will largely determine the fate of the cryptocurrency market".

 

#SEC #cryptocurrency #cryptocurrency_market #tokens #crypto_community #Lado_Okhotnikov #expert_opinion