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Crypto Tokens' Status as Securities or Commodities Is Key to SEC's Binance, Coinbase Suits: Bernstein
https://www.storeboard.com/blogs/news/crypto-tokens-status-as-securities-or-commodities-is-key-to-secs-binance-coinbase-suits-bernstein/5622319
The U.S. Securities and Exchange Commission's claims against cryptocurrency exchanges Binance and Coinbase (COIN) center on whether cryptocurrency tokens are securities or commodities, Bernstein said in a research paper released on Tuesday.