Advanced
Dan Romero@dwr
3/23/2023

Coinbase to SEC: we’re open to input on which assets / products might be securities? SEC: *silence* (Repeat 30 times) SEC: here’s a Wells Notice because we think some of these may be securities but won’t tell you which ones

In reply to @dwr
m_j_r@m-j-r
3/23/2023

(which prevents Coinbase from appropriately forming a rebuttal to the Wells Notice since they don't know which instruments they're defending) pretty disappointing to find out that the securities regulatory body of the U.S. has a fundamental conflict of interest wrt general public's ability to innovate in a market.