Cryptocurrency Q&A
Are Coinbase tokens SEC regulated?
Are Coinbase tokens SEC regulated?
Elena
Sun Mar 02 2025
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7
answers
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I'm curious if the tokens offered on Coinbase are regulated by the Securities and Exchange Commission (SEC). I want to understand if investing in these tokens comes with certain legal protections.
7 answers
Elena
Mon Mar 03 2025
In contrast to stocks or bonds, the purchase of these tokens does not grant ownership or a claim on future earnings.
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CryptoEnthusiast
Mon Mar 03 2025
Coinbase's legal representative, William Savitt, presented arguments before US District Judge Katherine Polk Failla.
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DigitalLegend
Mon Mar 03 2025
According to Savitt, the tokens are akin to collectibles, with no inherent financial rights attached.
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Alessandro
Mon Mar 03 2025
He compared the purchase of these tokens to buying Beanie Babies, emphasizing the non-security nature of the transaction.
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GeishaCharm
Mon Mar 03 2025
Savitt contended that the tokens traded on Coinbase do not constitute securities.
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