Could you elaborate on whether Coinbase actively petitioned the Securities and Exchange Commission (SEC) to clarify which of its offerings constitute securities? The reason I'm inquiring is that the cryptocurrency industry has been under increasing scrutiny from regulators globally, and I'm curious if Coinbase is taking proactive steps to ensure compliance. Understanding whether Coinbase sought clarity from the SEC on this matter would provide valuable insight into the company's regulatory strategy and its approach to ensuring investors are adequately protected. Thank you for your consideration in addressing this query.
7 answers
amelia_miller_designer
Mon Jun 24 2024
His inquiry centered on the identification of assets hosted on Coinbase's platforms that the SEC deemed to be securities.
Andrea
Mon Jun 24 2024
Grewal expressed the desire for clarity from the SEC regarding the classification of cryptocurrencies and other digital assets.
Giuseppe
Mon Jun 24 2024
However, the SEC declined to provide a definitive list of assets that they considered securities.
Silvia
Mon Jun 24 2024
In a recent communication with the Securities and Exchange Commission (SEC), Coinbase's chief legal officer, Paul Grewal, posed a direct question.
Sofia
Mon Jun 24 2024
This lack of clarity has left Coinbase and other cryptocurrency exchanges in a state of uncertainty regarding their compliance obligations.