Manage episode 374633526 series 3276400
The SEC alleges that Coinbase has operated its trading platform as an unregistered exchange, broker, and clearing agency, and further contends that Coinbase's staking-as-a-service program has been unlawfully engaged in securities offerings. On the other hand, Coinbase has challenged the classification of digital currencies as 'investment contracts' and has invoked the Major Questions Doctrine to question the SEC's authority to regulate without affirmative Congressional authorization.
Join Paul Grewal from Coinbase, Stephen Palley from Brown Rudnick LLP, and Professor J.W. Verret from George Mason University as they discuss regulators’ approach towards this burgeoning asset class, the legal arguments at play in the SEC’s lawsuit, and the broader implications of the case going forward.
- Paul Grewal, Chief Legal Officer, Coinbase
- Stephen Palley, Partner, Brown Rudnick LLP
- Moderator: J.W. Verret, Associate Professor of Law, George Mason University
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