3min chapter

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Bitcoin Industry Update - Major Developments Underway! E360

Bitcoin & Markets

CHAPTER

The SEC's Request to Stop All Crypto Trading Except Bitcoin

According to a recent report from the Financial Times, regulators at the agencies asked Coinbase to halt all trading in every cryptocurrency other than Bitcoin. The SEC told them that they didn't want to accept it and now this report is saying exactly that. Do you see how this affinity fraud works? They have to put these things next to Bitcoin. Because Bitcoin is legit. But they have to form this false categorization. It's a category error to put crypto alongside Bitcoin. So the SEC believes every crypto is a security. SaidCoinbase CEO Brian Armstrong.

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