(Refiles to fix typo in headline)By Hannah Lang and Manya Saini Coinbase executives on Wednesday defended the company against a lawsuit brought by the U.S. securities regulator, saying the cryptocurrency sector lacks a clear set of guidelines. The Securities and Exchange Commission (SEC) on
Coinbase executives on Wednesday defended the company against a lawsuit brought by the U.S. securities regulator, saying the cryptocurrency sector lacks a clear set of guidelines.
"They’re saying everything other than bitcoin is a security. Well, that’s not our interpretation of the law." The SEC alleged Binance, the world's largest cryptocurrency exchange and its founder Changpeng Zhao, also sold cryptocurrency products without registering them as securities.
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