Coinbase Chief Legal Officer: There’s ‘A Lot to Unpack’ in CFTC’s Filing Against Binance

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Coinbase Chief Legal Officer: There’s ‘A Lot to Unpack’ in CFTC’s Filing Against Binance
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.coinbase Chief Legal Officer iampaulgrewal says “there is a lot to unpack” in the CFTC lawsuit against binance, but what's most striking is how much the CFTC and SEC differ on whether some cryptos are commodities or securities. _franvela reports

warning it plans to pursue an enforcement action against the exchange and its staking services for offering unlicensed securities.

However, that hasn't stopped Coinbase from looking at other countries where"regulators are looking to promote this technology and promote opportunities for the crypto economy in ways that doesn't seem to be happening right now here in the U.S."filed a lawsuit Grewal said what's most striking about the CFTC’s complaint is it “specifically called out a number of.” Those same assets are being “labeled or suggested as securities” by the SEC and others, he said.

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