Last summer, the U.S. Securities and Exchange Commission (SEC) sued crypto exchanges Coinbase and Binance, alleging they listed and traded unregistered securities in the form of various cryptocurrencies. This week, the regulator’s legal teams faced the exchanges in court as the companies argued the SEC did not make the case that those cryptos are securities.
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Is DeFi ready for mass adoption, or will regulation slow it down?
The following is a guest post by Brendan Cochrane, Partner at YK Law LLP.As decentralized finance (DeFi) surges past $100 billion...