SEC Says Coinbase Is Running an Illegal Exchange

The video discusses the SEC's claims against Coinbase for acting as an unregistered broker dealer and listing unregistered securities. Coinbase disputes these claims, arguing that their listed tokens are not securities. The SEC's actions are part of a broader effort to regulate exchanges, including Finance, which faces different allegations. Coinbase, a US-based publicly listed company, plans to defend itself vigorously against the SEC's lawsuit.

What is the main claim that the SEC is making against Coinbase?

How does Coinbase's view on the tokens they list differ from the SEC's perspective?

What is the significance of the broker dealer license that Coinbase had acquired?

What are some of the allegations being made against Binance compared to those against Coinbase?

In what ways are the legal proceedings against Coinbase and Binance different?