> I think "all these crypto projects are securities" is a perfectly clear stance. That's not the part of their stance that's unclear. The unclear part is the p

> I think "all these crypto projects are securities" is a perfectly clear stance. That's not the part of their stance that's unclear. The unclear part is the part where they say "please register" when they really mean "get bent". > their calls for clarity are actually calls for "please change your mind" Coinbase's calls for clarity are actually calls for "you asked us to register, so let us submit a registration application already". > really I see all along the SEC has been clear in saying that it's all securities. Again that's not the part of their stance that's unclear to me. > Now, enforcement actions go in front of a court and the court may disagree with the SEC, which then clarifies regulation by setting a legal precedent for the SEC being wrong. The SEC's job is to write clear regulations, not to invite corporations to pay $1000/hr lawyers to conduct mind-reading sessions in court.