Recent legal actions by the SEC against Binance and Coinbase are rattling the industry
The question of which assets are considered unregistered securities has been in the spotlight as the SEC has cracked down on crypto exchanges Binance and Coinbase.
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Are cryptocurrencies considered unregistered securities? Are some cryptos treated differently from others? What is an unregistered security, anyway? These are questions swirling around in the crypto world — and even confounding some legal experts.
Robinhood HOOD announced last week that it is removing three crypto tokens — Cardano, Polygon and Solana — from its platform. That’s the latest ripple effect of actions taken by the U.S. Securities and Exchange Commission (SEC), including charges filed against major crypto exchanges…