Interesting video that directly gives the opinion of the CEO of Coinbase, Brian Armstrong.
Summary:
He thinks he did not break any laws, first by asking the opinion of the sec on all his activities, at the staking or listing levels.
He considers that all the cryptos listed on Coinbase are not Securities, but commodities in his eyes.
He said: even the Sec can't tell the difference between security and convenience in cryptos.
The most important is the listing procedure: he specified around the 15th minute of the video that 90% of the proposed cryptos are rejected, and no fees for the listing, and he has a team to audit the security level of smart contracts, he communicate with the team of the project to be listed, they have lawyers to estimate that each listing does not violate US law...
Binance US will be forced to find a compromise with its enemy the SEC:
U.S. Judge Rebuffs has rejected the SEC regulator's request to freeze Binance US assets. Instead, both parties must find a compromise to protect customer funds while allowing the platform to operate.
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