Coinbase takes another formal step to seek regulatory clarity from SEC for the crypto industry
www.coinbase.com/blog/coinbase-takes-another-formal-step-to-seek-regulatory-clarity-from-sec-for
What Jamie wrote
Wether Coinbase and Brian Armstrong want the role or not, I do think they are uniquely positioned to lead the legal framework around crypto. I think this filing is a good one, as I suspect there is an active strategy to not provide guidance to harm the crypto industry. Now, with all that said I don't envy the path. As I've spent three years deeply exploring Ethereum, my best answer to "is it a security?" or whatever is "none of the above". I think the best approach at the moment is to acknowledge that crypto is something new, and needs a specific framework for it.