Coinbase has assembled their team of avengers to go and face the SEC and prove to them that proof of stake projects are not a security, how do you think this will end? The team consists of six different tough attorneys, will this end in Success or failure? So far, why is coinbase the only one who was forced to assemble to battle?
It's like the whole crypto space is yelling out to Coinbase to save them.
It's like the whole crypto space is yelling out to Coinbase to save them.
Lmao, Does anyone in crypto space manage to beat SEC in regards with technicalities? Cryptocurrency is on the gray area that makes SEC more powerful because they can introduce or sight a favorable law that will make staking as security. I wonder if these avengers attorney can make a change on dealing against SEC since XRP is having a hard time dealing with them even Ripple has a good reason on why they are not a security token.
Unfortunately, the Security and exchange commission's mission is to stop the spread of cryptocurrency and due to this, they are coming strong against every exchange. Even they are making strict laws against cryptocurrencies which shows their intent is not crypto-friendly.
Anyways i am hopeful that against all the odds, the crypto exchanges will come strong as the whole crypto community is with them. they just can't force the exchanges to shut down and crypto to die when the public wants to invest in Bitcoin and cryptocurrencies.