Coinbase CLO: Gary Gensler tells U.S. Congress that securities laws apply to crypto assets involving investment contracts
Golden Finance reported that Coinbase CEO paulgrewal.eth posted on platform X, stating that when cryptocurrency assets or investment plans related to cryptocurrencies are provided or sold in the form of investment contracts, securities laws apply. In addition, Gary Gensler told the US Congress on May 6, 2021 that there is no regulatory framework by the US Securities and Exchange Commission for exchanges trading in cryptocurrency assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stacks successfully integrates with WalletConnect, streamlining the wallet adaptation process
"Maji" has been liquidated 71 times on Hyperliquid so far this month
"Machi Big Brother" Huang Licheng has been liquidated 71 times since November
Trending news
MoreCrypto prices
More
