Coinbase

Coinbase's Lawsuit Could Change Crypto Forever…

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The US Securities and Exchange Commission (SEC) is investigating Coinbase on suspicion it allowed US people to trade “unregistered securities.” SEC alleged that seven cryptocurrencies listed on Coinbase were securities. In a separate insider trading case against a former Coinbase employee a few days prior, the SEC had named nine cryptocurrencies listed on Coinbase as “securities.”

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The SEC still has vague rules for defining how cryptocurrencies might be deemed securities. But treating tokens as “securities” will significantly increase the regulatory oversight. And given how aggressively the authorities are going after crypto, most tokens will be “under attack” and will likely be deemed securities. It will lead to the respective coins being delisted from exchanges, penalties for exchanges as well as teams that created the coins, among other things.

Portal DeFi’s ( https://portaldefi.com/ ) executive chairman raised this concern four years ago, and has chosen a compliant mechanism to raise funds. Yes, there is a clear and compliant way for projects to raise funds from American investors without their native digital asset being considered a security by regulators.

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44 Comments

  1. the SEC said if you don't scroll up and smash the like button, you're going to jail

  2. The best cryptocurrency for investment is cryptocurrency Crypton, as it is profitable to mine in the ecosystem Utopia p2p on favorable terms.

  3. Crypto is off helping to regulate<, rather than pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. And benefits they were unaware with before turn out to be far more beneficial. Few if any rug pulls. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 16` btc from day-trade with Gerard McDonald Crypto in few weeks.

  4. "Whenever you see a successful person you only see the public glories, never the private sacrifices to reach them." —Vaibhav Shah

  5. "Whenever you find yourself on the side of the majority, it is time to pause and reflect." —Mark Twain

  6. The only thing the sec can do is litigate, till they find what the law will permit them to govern. They will continue to push and rule until they have more and more control. Sadly they are the scorpion and coin base is the frog. Coin base and several crypto allies need to fight the sec til they stop trying to create a new purpose for themselves.

  7. To create clear guidelines then implement them allowing time for companies to modify policy in order to comply only makes logical sense. To create regulation that is conflicting to the current operation of these markets then charge people and companies for non-compliance seems ludicrous. If our justice system operated in such a way and lawmakers created laws on a whim knowing millions of people were already breaking these laws then prosecuted large groups of citizens for living as they see fit we would be living in a terrible place.

  8. Hello hello ☝️Is the man who helped me recover my trustwallet account AFTER THE SCAMMERS took my bitcoins

  9. Good to see that top cryptocurrency firms like coinbase, gateio, binance are working to change the market forever.

  10. Coinbase stock has actually been doing well lately because of their recent partnership with Blackrock

  11. Portal's executive had a good point… Interesting he wrote that article so long ago 🤯

  12. I give all praise to you 🖕for the good deeds you've been into, thank you so much ,, I'm highly impressed in your service, I just receive another 0.8BTC in my Bitcoin Wallet Address just now!!! you make my day blissful🤩

  13. I give all praise to you 🖕for the good deeds you've been into, thank you so much ,, I'm highly impressed in your service, I just receive another 0.8BTC in my Bitcoin Wallet Address just now!!! you make my day blissful🤩

  14. Coinbase will always be in trouble with the SEC cause they are the biggest american crypto company

  15. Coinbase the exchange will be safe but idk how the stock price will be affected by outcome.. I know with blackrock being on board with Coinbase or I hope that all our money invested is safe

  16. < I totally agree with what you are saying..I joined the crypto world in June 2017,and I bought in.I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I am in profit for now but I am planning on using my experience and what i have learnt from Louis Chung.have learned from you and other Youtubrs especially my mentor Louis Chung . who taught me how to make trade and increase my crypto from 2btc to 13btc that no one really knows what is going to happen in the market and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own investment choices based on their own research…

  17. Even with the economic fluctuation,I'm very excited to have earned $45,000 on my $10,000 investment every 10 days

  18. All we need to start fresh is to get Gary gensler out, and get someone who really knows crypto currency, he was a fraud at the University and he's a fraud now.

  19. I almost lost all my money trading, what is the best way to make money from cryptocurrency trading without loosing money?

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