Coinbase CEO says SEC told it to delist everything but Bitcoin: Report

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The SECGov reportedly asked coinbase to delist all cryptocurrencies on its platform besides Bitcoin asserting everything else was a security, brian_armstrong has recounted.

who claimed in a February New York Magazine interview that “everything other than Bitcoin” is a security under the agency’s remit.

There's nothing about the crypto securities markets that suggests that investors & issuers are less deserving of the protections of our securities laws.For more, read my remarks:Armstrong claimed agreeing to the SEC’s request could’ve set a precedent and “would have essentially meant the end of the crypto industry” in the United States.The SEC

 

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SECGov coinbase brian_armstrong At the time, the SECGov reportedly said it believes “every asset other than Bitcoin is a security,” said brian_armstrong. “We said, well how are you coming to that conclusion? Because that’s not our interpretation of the law,” Armstrong added.

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