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The number of coins regarded as securities by the US Securities and Exchange Commission (SEC) is now 67, with a total ma...

The number of coins regarded as Securities by the US Securities and Exchange Commission (SEC) is now 67, with a total market value of $100 billion. The US SEC has now labeled 67 coins as securities following the lawsuits against Binance and Coinbase. On June 5, the SEC filed 13 charges against Binance and its founder, Changpeng Zhao, alleging that they enriched themselves with billions of US dollars by offering unregistered securities services and sales of tokens while placing investors at risk. The next day, SEC sued Coinbase on similar grounds for allegedly acting as an unregistered broker. In its lawsuit against Binance, the SEC classified ten cryptocurrencies as securities. Additionally, it named 13 cryptocurrencies as securities in the Coinbase filing. Adding up to the previous cases, such as Bittrex and Ripple, the security label now applies to over $100 billion worth of crypto assets. They represent about 10% of the $1.09 trillion total crypto market capitalization. The full list of tokens named as securities by the SEC on Binance include $ATOM, BNB, BUSD, and COTI, for Coinbase, they are CHZ, NEAR, FLOW, ICP, VGX, DASH, NEXO, while for both Binance and Coinbase, they SOL, ADA, MATIC, FIL, SAND, MANA, ALGO, AXS. #Crypto #News #Bitcoin #Ethereum #Altcoins #SEC #Filing #Blockchain #Investing #Cryptocurrency #DigitalAssets #CryptoMarket #Trading #FinancialRegulation #InvestmentOpportunity #DeFi #NFTs #YahooFinance #CoinDesk #Cointelegraph #CryptoPotato #FXStreet #BitcoinCom



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The number of coins regarded as securities by the US Securities and Exchange Commission (SEC) is now 67, with a total ma...

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