>It’s unlikely the SEC wants to totally nuke Coinbase, given they allowed them to list on the stock exchange What kind of intuition leads you to this conclusio

>It’s unlikely the SEC wants to totally nuke Coinbase, given they allowed them to list on the stock exchange What kind of intuition leads you to this conclusion? You think that a publicly listed company is endorsed by the government as not breaking federal law? Or just as not breaking securities laws in particular? It's not the same thing, but looking at cannabis companies might be useful to compare and contrast.