If that were the case, it’d open up the possibility of treating collectables like Beanie Babies as securities, Coinbase lawyer William Savitt noted, in an echo of Judge Failla’s broader concerns about over-regulating commodities. Savitt added that, unlike stocks or bonds, crypto tokens don’t necessarily grant holders rights over a network.
Related posts
-
Coinbase Gets Flipped by Bybit As World’s Second Largest Crypto Exchange, According to Analytics Firm Kaiko
Crypto exchange Coinbase has been surpassed in volume by Bybit since October, according to analytics firm... -
Crypto Exchange Coinbase Announces Support for Altcoin That Pulled Off 900% Rally This Year
Top US crypto exchange Coinbase is adding support for an altcoin project that saw massive gains... -
German Government Entity Moves $24M Bitcoin to Kraken, Coinbase: Arkham
Tuesday’s movements come days after the entity shifted $425 million among wallets, with some bitcoin transferred...