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Nasdaq-listed crypto alternate Coinbase has disputed the allegation by the U.S. Securities and Change Fee (SEC) that 9 of the crypto property traded on its platform are securities. The corporate’s chief authorized officer confused: “Coinbase doesn’t listing securities. Finish of story.”
The U.S. Securities and Change Fee (SEC) alleged that cryptocurrency alternate Coinbase listed 9 crypto asset securities in a grievance filed Thursday. The securities regulator charged a former Coinbase worker with “violating the antifraud provisions of the securities legal guidelines” associated to insider buying and selling.
The SEC acknowledged in its grievance that crypto tokens AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, and KROM are unregistered securities.
Nevertheless, Coinbase instantly disputed the SEC’s allegation that some cash traded on its platform are crypto securities. The alternate’s chief authorized officer, Paul Grewal, confused in a weblog publish Thursday: “Coinbase doesn’t listing securities on its platform. Finish of story.”
Grewal detailed:
The SEC alleges that 9 digital property concerned are securities. The DOJ reviewed the identical details and selected to not file securities fraud fees towards these concerned.
The Coinbase chief authorized officer proceeded to reference a press release by Caroline Pham, a commissioner with the Commodity Futures Buying and selling Fee (CFTC), stating that the SEC’s motion is “a placing instance of ‘regulation by enforcement.’”
He added:
We agree with Commissioner Pham and, respectfully, 100% disagree with the SEC’s determination to file these securities fraud fees and the substance of the costs themselves.
Grewal claimed that “Coinbase has a rigorous course of to research and evaluation” every crypto asset earlier than itemizing and buying and selling on its platform.
“This course of consists of an evaluation of whether or not the asset could possibly be thought of to be a safety, and likewise considers regulatory compliance and knowledge safety facets of the asset,” he described.
The chief authorized officer famous that Coinbase cooperated with the SEC’s investigation of the previous Coinbase worker’s insider buying and selling case. Noting that seven of 9 crypto property talked about by the SEC within the grievance are listed on the Coinbase platform, he mentioned:
As a substitute of getting a dialogue with us in regards to the seven property on our platform, the SEC jumped on to litigation.
The Coinbase officer asserted: “The SEC’s fees put a highlight on an vital drawback: the U.S. doesn’t have a transparent or workable regulatory framework for digital asset securities.”
On Thursday, Coinbase additionally introduced that it has filed a petition with the SEC requesting the regulator to “start rulemaking on digital asset securities.” The alternate detailed: “Our petition calls on the SEC to develop a workable regulatory framework for digital asset securities guided by formal procedures and a public notice-and-comment course of, reasonably than by way of arbitrary enforcement or steerage developed behind closed doorways.”
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The cryptocurrency universe has been rocked by the recent debut of the Zora token on Robinhood, propelling its value upward by more than 30%. This spectacle illustrates how dynamic digital assets are reshaping our financial landscape, with platforms like Robinhood acting as catalysts for diverse projects in the creator economy. The exposure gained from Zora’s listing underscores a vital truth: when creators gain prominence, the whole digital ecosystem stands to prosper.
On October 10, 2025, Zora’s value surged to an impressive $0.09213, marking a thrilling milestone for a platform dedicated to empowering creators. This surge transcends mere numerical gains; it reflects a resurgence in the cryptocurrency space, emphasizing the significance of platforms tailored for creators. By linking Zora to its expansive user community, Robinhood has opened the doors for mainstream investors to engage with thrilling new digital assets, crafting a narrative of innovation and opportunity.
What fueled Zora’s remarkable ascent? Its presence on the respected Robinhood platform provided a much-needed lift in visibility, engendering trust among potential backers. Mark Williams, Robinhood’s Head of Crypto, accentuated the platform’s focus on groundbreaking initiatives, reiterating how critical trust is to the health of the crypto market. As Zora forges ahead with its project roadmap, the stakes for digital asset liquidity and investment become increasingly pronounced and evident.
Visibility isn’t just a buzzword; in cryptocurrency, it directly impacts investor sentiment and market stability. Zora harnesses the power of Ethereum, seamlessly linking with Coinbase’s Base App, enabling creators to tokenize their artistry with unprecedented ease. By July 2025, Zora had launched over 50,000 tokens within a single month, signaling a burgeoning thirst for digital assets among creators. As such innovative platforms rise to prominence, they herald far-reaching implications for the market, reinforcing cryptocurrency’s critical role in contemporary economies.
Traditionally, the listing on major exchanges triggers an immediate uptick in asset prices—yet Zora’s storyline enriches our comprehension of this trend. While spikes in value and trading activity are enticing, the durable success of such innovations relies on robust technology integration and ongoing user engagement. The history of cryptocurrency markets teaches us that enthusiasm can drive initial price increases, but true vitality depends on sustained platform interaction and responsiveness to evolving regulatory landscapes.
Forecasting the road ahead, the implications of Zora’s market entry extend well beyond simple price oscillations. If this spike indicates a broader movement toward the embrace of crypto creator platforms, we might be on the verge of a monumental shift in market behavior. Anticipated advancements like strategic collaborations and enhanced user experiences promise to reshape crypto trajectories, spotlighting the crucial roles of liquidity and visibility in propelling investment forward.
In summation, the triumphant introduction of the Zora token on Robinhood serves as a transformative chapter in the saga of digital asset investment. As the cryptocurrency domain grapples with visibility and trust issues, those innovators willing to adapt will ascend as leaders in the creator economy. Zora’s impressive price surge not only highlights the shifting landscape but also indicates that the proliferation of robust crypto creator platforms could revolutionize investment philosophies. With eyes from all corners of the globe focused on Zora, we stand on the cusp of witnessing the symbiosis of traditional finance with decentralized innovation, paving the way for a flourishing era for Web3 enterprises.
In a space where trust is critical, the rise of the Zora token captures a collective aspiration for the future of digital assets, illuminating a potential path forward for numerous players in the crypto arena.
Under the deal, which has not been filed with the court and could still change, the charges would eventually be dropped if Ver complied with the terms of the agreement.
The case is poised to become the latest example of how the Trump administration has systematically dismantled a yearslong government crackdown on the crypto industry, a sector rife with fraud, scams and theft.
Like other beneficiaries of the rollback, Ver sought to curry favor with President Donald Trump by linking his case to the president’s grievances about the weaponization of the justice system.
This year, Ver paid $600,000 to Roger Stone, a longtime associate of Trump, to try to abolish the tax provisions at the heart of the case. And crypto investor hired David Schoen, a lawyer who represented Trump during his second impeachment trial. Lobbying filings show that Ver also hired Christopher M. Kise, a lawyer who defended Trump against various criminal and civil charges, as well as the lobbying firm run by Brian Ballard, a major Trump fundraiser.
A spokesperson for the Justice Department declined to comment. Reached by phone, Ver also declined to comment.”I’d LOVE to say more, but I will follow my tax lawyer’s advice like I’ve been doing for decades,” he wrote in a follow-up email. “Unfortunately, that means ‘no comment.’”The Biden administration spent years cracking down on crypto. The Securities and Exchange Commission filed a series of lawsuits arguing that digital currencies should be subject to the same strict rules that govern stocks and bonds on Wall Street.
But since Trump took office for his second term, the SEC has dropped lawsuits against Coinbase, the largest crypto exchange in the United States, and other major firms.
And during his first week in office, Trump pardoned Ross Ulbricht, the founder of the crypto-fueled drug marketplace Silk Road, who was serving a life sentence on charges that included distributing narcotics on the internet. The president later pardoned the founders of the BitMEX exchange, who had pleaded guilty in 2022 to violating a law that protects against money laundering.
Changpeng Zhao, the founder of the crypto exchange Binance, is also seeking a pardon that would wipe away a money-laundering violation and pave the way for his company to establish itself in the U.S. market.
Ver, a former California resident who renounced his U.S. citizenship in 2014, was arrested last year in Spain, according to the Justice Department, which announced plans at the time to extradite him. Prosecutors accused him of concealing the value of his bitcoin holdings while he prepared filings connected to the requirement that Americans settle any tax obligations before renouncing citizenship.
In January, Ver claimed in a video posted on social media that he was being threatened with a possible sentence of more than 100 years because of his political views and his role in promoting crypto.
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