• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Coinbase CLO Comments on SEC Amendment in Binance Case

user avatar

by Giorgi Kostiuk

2 years ago

  1. SEC's Note in the Complaint
  2. Comment by Coinbase CLO
  3. Reaction of Former SEC Director


    4. Coinbase Chief Legal Officer Paul Grewal commented on a footnote in the SEC's complaint against Binance regarding the status of crypto assets.

    SEC's Note in the Complaint

    In its footnote, the SEC stated that the use of the term 'crypto asset securities' does not imply that crypto assets themselves are securities. The SEC added that the term is used as a shorthand and regretted any confusion caused. The complaint also states that crypto assets remain the subject of an investment contract, and their economic reality has not changed.

    Comment by Coinbase CLO

    Paul Grewal noted that the SEC regretted the confusion and emphasized that the SEC previously claimed tokens themselves to be securities, which they have now refuted.

    Reaction of Former SEC Director

    Former SEC regional director Marc Fagel disputed the significance of this statement, noting that Crypto Twitter mistakenly assumed that the SEC would remove tokens from the complaint, which it did not do.

    The situation highlights the complexities of regulating crypto assets, as various actors continue to offer their interpretations.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Hype Global Event to Celebrate Hyperliquid's Ecosystem Growth

chest

Hype Global will host an event called Hyperliquid Builders Night in Cannes, France, on March 31, 2026, to celebrate the growth of Hyperliquid's ecosystem.

user avatarKenji Takahashi

Hyperliquid Sets New Records in Trading Activity

chest

Hyperliquid reported record trading activity in March 2026, surpassing $15 billion in open interest for tokenized commodities.

user avatarDiego Alvarez

Hyperliquid Achieves Major Milestones in March 2026

chest

Hyperliquid made significant advancements in March 2026 by partnering with SP Dow Jones Indices to launch the first officially licensed SP500 perpetual derivative and integrating USDC support on its HyperEVM.

user avatarMaria Fernandez

MicroStrategy Expands Bitcoin Holdings Despite Market Challenges

chest

MicroStrategy continues to expand its Bitcoin holdings despite market downturns, adding approximately 86,000 Bitcoin to total 762,099 Bitcoin valued at around $532 billion.

user avatarGustavo Mendoza

TRON's TRX Price Shows Signs of Recovery

chest

TRX is currently trading around the 0.030-0.031 range, showing signs of recovery after a prolonged corrective phase.

user avatarRajesh Kumar

TRON Expands AI Fund to $1 Billion

chest

TRON has announced a significant increase in its AI Fund allocation, raising it from $100 million to $1 billion, reflecting a strategic shift towards the agentic economy.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.