Brian Armstrong Stresses Coinbase’s Staking as Not Securities By CoinEdition
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© Reuters Brian Armstrong Stresses Coinbase’s Staking as Not Securities- Brian Armstrong tweeted that Coinbase’s staking processes aren’t securities.
- The CEO of Coinbase (NASDAQ:) quotes the blog post created by Paul Grewal.
- In the blog post, Grewal explains the reasons why Coinbase’s staking isn’t considered security.
Brian Armstrong, the American Business Executive, Co-Founder, and CEO of the leading crypto firm Coinbase, reiterated that “Coinbase’s staking services are not securities”, refuting SEC’s claim that staking services constitute securities.
On February 12, Armstrong tweeted that Coinbase would “happily defend” that the company’s staking cannot be considered as securities:
Coinbase’s staking services are not securities. We will happily defend this in court if needed.https://t.co/GtTOz77YV3
— Brian Armstrong (@brian_armstrong) February 12, 2023
In addition, he mentioned the blog post created by Paul Grewal, the Chief Legal Officer at Coinbase, in which he cited detailed explanations on why Coinbase’s staking services aren’t securities.
Previously, on February 9, the Securities and Exchange Commission (SEC), declared that staking should be considered as security, in connection with the allegatio…
The post Brian Armstrong Stresses Coinbase’s Staking as Not Securities appeared first on Coin Edition.
See original on CoinEdition
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© Reuters Brian Armstrong Stresses Coinbase’s Staking as Not Securities- Brian Armstrong tweeted that Coinbase’s staking processes aren’t securities.
- The CEO of Coinbase (NASDAQ:) quotes the blog post created by Paul Grewal.
- In the blog post, Grewal explains the reasons why Coinbase’s staking isn’t considered security.
Brian Armstrong, the American Business Executive, Co-Founder, and CEO of the leading crypto firm Coinbase, reiterated that “Coinbase’s staking services are not securities”, refuting SEC’s claim that staking services constitute securities.
On February 12, Armstrong tweeted that Coinbase would “happily defend” that the company’s staking cannot be considered as securities:
Coinbase’s staking services are not securities. We will happily defend this in court if needed.https://t.co/GtTOz77YV3
— Brian Armstrong (@brian_armstrong) February 12, 2023
In addition, he mentioned the blog post created by Paul Grewal, the Chief Legal Officer at Coinbase, in which he cited detailed explanations on why Coinbase’s staking services aren’t securities.
Previously, on February 9, the Securities and Exchange Commission (SEC), declared that staking should be considered as security, in connection with the allegatio…
The post Brian Armstrong Stresses Coinbase’s Staking as Not Securities appeared first on Coin Edition.
See original on CoinEdition
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