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The North American Securities Administrators Association (NASAA) has argued that digital assets should not be treated as special and should be subject to securities laws, supporting the United States Securities and Exchange Commission (SEC) in its lawsuit against Coinbase. The SEC sued Coinbase in June, accusing the crypto exchange of violating federal securities laws. Coinbase […]

The North American Securities Administrators Association (NASAA) has filed a brief in support of the Securities and Exchange Commission (SEC) in its lawsuit against cryptocurrency exchange Coinbase. NASAA, a non-profit association representing securities regulators in the US, Canada, and Mexico, argues that the SEC’s position that certain crypto assets on Coinbase are securities and subject […]

The U.S. Securities and Exchange Commission (SEC) has argued in a court motion against Coinbase, the top US crypto exchange, that digital assets have no inherent value. The SEC claims that unlike tangible assets such as real estate, digital tokens cannot generate profits on their own and rely on an ecosystem to drive demand. The […]