Latest securities News

Coinbase logo
Business 16 August 2023

This amicus brief for Coinbase is so wrong

In this article, ZeMing Gao looks into the amicus brief for Coinbase, why speculation drives regulators to enact securities laws, and how an asset is classified as a security.

Bitcoin Cryptocurrency Digital Blockchain Money Stock Market Business Company Trading
Business 10 August 2023

Is Bitcoin (BSV) a Security?

The memo sets the starting point for considering whether Bitcoin is a security: it highlights a speech given by SEC Chairman Jay Clayton in 2018 where he said that Bitcoin does not qualify as a security because it functions as a replacement for currency.

Coinbase app with gold bitcoin coins on smartphone
Business 8 August 2023

Coinbase asks judge to dismiss its SEC lawsuit

Coinbase's Aug. 4 motion with the U.S. District Court for the Southern District of New York argued that the subject matter of the SEC's complaint "falls outside the agency's delegated authority."