Coinbase Hits Back At U.S. SEC, Says "We Do Not List Securities"
Coinbase Asserts No Rules Were Broken During the course of the 14-minute video, CEO Brian Armstrong emphasized that the company was ready to defend their position in court, however, they are open to a “true dialogue to a workable path forward” for the larger crypto sector. While speaking about the Wells Notice received last month, Armstrong was quoted as saying: advertisement A Wells Notice at this stage, when there is not a clear rulebook, is not constructive and it’s not good for America. Read More: Google & Polygon Join Forces To Boost Network Growth, MATIC Price Set To Rally? Chief Legal Officer Paul Grewal provided a list of a few pointers to demonstrate the company’s compliance with the securities law. These pointers highlight that the company does not list securities, follows a “robust process” as outlined by the SEC, and that it rejects over 90% of the crypto assets during an internal review prior to getting l...