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The SEC appears to be arguing that Coinbases product should be regulated as a security.
by jrochkind1 5y ago
The SEC appears to be arguing that Coinbases product should be regulated as a security.
- vmception 5y agofor you to say that, you missed my point quite far. "regulated as a security" itself can mean 100 different things, and its not a nuanced enough take to know if a product can be offered at all, to whom it can be offered to, what disclosures are necessary if any, and more
- qwertox 5y agoI guess they are indirectly saying that if they are not under any other regulation (which they know they aren't), they will have to be treated as a security. They are expecting Coinbase to show them who is regulating them. If they don't do it, they must be sued.