In both of these lawsuits, the SEC is kind of naming a bunch of other cryptocurrencies and saying these are all securities. So what does that mean for those cryptocurrencies and for the other exchanges that are still allowing those currencies to trade? I think historically, we've seen that when the SEC actually names a token as a security in one of these lawsuits,. A lot of exchanges in the US have historically, at least backed off from offering those currencies.
Paris Marx is joined by Molly White to discuss the Securities and Exchange Commission’s lawsuits against Binance and Coinbase and what they might mean for the future of the crypto industry.
Molly White is the creator of Web3 Is Going Just Great and a fellow at Harvard Library Innovation Lab. Follow Molly on Twitter at @molly0xFFF.
Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.
The podcast is produced by Eric Wickham and part of the Harbinger Media Network.
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