The checklist of digital tokens deemed as unregistered securities by the Securities and Change Fee now spans over $120 billion of crypto after the US company’s lawsuits towards Binance Holdings Ltd. and Coinbase International Inc.
The regulator within the complaints towards Binance and Coinbase cited greater than a dozen main cash as belongings that fall underneath its purview. Such a designation comes with strict investor safety guidelines and will make the tokens more durable to commerce if exchanges draw back from itemizing them for concern of falling foul of the SEC.
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