as you point out, coinbase has been engaged with our securities and exchange commission for some time on these topics. we have sought regulatory clarity over whether certain types of crypto currencies or tokens are securities on the one hand or commodities on the other for some time. it is an issue that matters in the united states because we don tjust have one regulator, the sec at the federal level, and commodity futures trading commission, as well. so the labels matter. unfortunately, even if we has gone through the process of listing is a public company, we have come to realise that the sec has changed course, has taken a very different view of its authority and now claims essentially that all digital assets are securities, other than perhaps bitcoin. this is a different perspective when they allowed us to list in 2021. do you think that the sec
certain types of crypto currencies or tokens are securities on the one hand or commodities on the other for some time. it is an issue that matters in the united states because we don tjust have one regulator at the federal level, and commodity futures trading commission, as well. so the labels matter. unfortunately, evenif so the labels matter. unfortunately, even if we has gone through the process of listing is a public company, we have come to realise that the sec has changed course, has taken a very different view of its authority and now claims essentially that all digital assets are securities, other than perhaps bitcoin. this is a different perspective when they allowed us to lift list in 2021. d0 perspective when they allowed us to lift list in 2021. lift list in 2021. do you think that the sec- lift list in 2021. do you think that the sec. .. should lift list in 2021. do you think that the sec. should they lift list in 2021. do you think that
of the us securities regulator. the sec has sued trading platforms binance and coinbase. .. on alleged violations of securities law. but in comments to my colleague aaron heslehurst. coinbase s chief legal officer says the current rules must be clearer. as you point out, coinbase has been engaged with our security exchange commission with for some time on these topics. we have sought regulatory clarity over whether certain types of crypto currencies or tokens are securities on the one hand or commodities on the other hand for some time post it as an issue that matters in the united states because we do not have just one regulator, united states because we do not havejust one regulator, the securities and exchange commission at the federal but a second, a commodities futures trading commission as well. so the definitions matter and the labels matter and unfortunately even as we have gone through the process of listing as a public company, we have now come to realise that the sec, the ma