Some of the cryptocurrencies are securities, according to the boss of one of the largest cryptocurrency exchanges
, the agency determined that at least nine cryptocurrencies listed by the largest U.S. cryptocurrency exchange are unregistered securities. The regulator has essentially indicated that most tokens listed by Coinbase fall into that category. However, since the complaint doesn’t name either the companies behind the tokens or the exchange, they cannot defend themselves in court.the SEC’s claims in a blog post, claiming that it doesn’t list securities.
Last October, Coinbase argued that the U.S. government had to create a crypto-specific regulator, thus defanging the SEC.that federal regulation was “good” for cryptocurrency in an interview with CNBC. In January, he predicted that this year would bring more regulatory clarity.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption.
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