In the past few days, the SEC has sued Binance and Coinbase for operating as unregulated securities exchanges. What role do these super-large crypto exchanges play in the broader ecosystem of international crypto exchanges? My student Junyi Hu and I have a new paper on this, here’s a
Nice post! What are your thoughts on the Howey test and how it applies to crypto traded on these platforms? That seems to be the crux of the allegations filed by the SEC in this case.
It is like Warning sign for other exchanges and recent Robinhood's delisting is best example for this! if this continues without clear regulation's this will be difficult for crypto.
Nice post! What are your thoughts on the Howey test and how it applies to crypto traded on these platforms? That seems to be the crux of the allegations filed by the SEC in this case.
It is like Warning sign for other exchanges and recent Robinhood's delisting is best example for this! if this continues without clear regulation's this will be difficult for crypto.