Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach – Bitcoin News

Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach

Staking is not a security under the US Securities Act, nor under the Howey test. Trying to superimpose securities law onto a process like staking doesn’t help consumers at all and instead imposes unnecessarily aggressive mandates that will prevent US consumers from accessing basic crypto services.the way that the U.S. SEC is handling cryptocurrency regulation, explaining that regulation by enforcement is a “poor substitute” to actual rulemaking.

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I hope everyone leaves coinbase and then we will see what they can prevent. Hey coinbase you can have your blue coinbase visa card back. I won't be needing it.

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Sell it！

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That's their plan

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Staking should be decentralized Most PoS wallets offer easy staking from the main interface. On avalanche you can stake your AVAX in 3 minutes or less.

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How will this affect the fortnite item shop?

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It's a crucial time for the crypto industry in the US. Paul Grewal's article brings up vital points we must consider for a successful future. What do you think are the must-dos to move forward?

What do you think the SEC would rather do, clearly define regulatory guidelines and principles or collect $30 million fines.

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God please raise Crypto frm the dead like Jesus

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Ethereum Testnet Processes First ETH Staking WithdrawalsAn Ethererum test network successfully simulated withdrawals of staked $ETH for the first time this week, bringing the blockchain yet another step closer to its historic transition to a fully featured proof-of-stake network. Ethererum MTVDS1 Ethererum Still working on fixing what wasn’t right from the beginning. Great use of resources Ethererum With your help, we can reach out to more people. A single retweet may be enough. Thank you anyway..
Source: CoinDesk - 🏆 291. / 63 Read more »