Securities are in the eye of the beholder

Image Credits: TechCrunch
The U.S. Securities and Exchange Commission has brought down its wrath on Coinbase. The publicly traded exchange has been under investigation for allegedly selling crypto tokens on its platform that qualify as securities without adhering to the associated rules and regulations. Coinbase, for its part, is insistent that it does not sell securities on its platform and that the cryptocurrencies called into question should instead be viewed as commodities. All the drama has brought crypto to the precipice of an existential crisis in the U.S., but the industry is still wai

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