- The statement may have been the personal opinion of some employees.
- An SEC spokesperson also confirmed the allegations.
Cryptocurrency exchange Coinbase has publicly denied a statement by CEO Brian Armstrong, who said the SEC had requested that all cryptoassets other than bitcoin be excluded from trading, Cryptoslate reported.
Armstrong previously told media that before filing the statement with the court, the SEC had asked Coinbase to trade only bitcoin because it considers all other cryptoassets to be securities.
The exchange now claims there was no demand from the SEC to delist cryptoassets other than bitcoin. In a statement to CryptoSlate, the company considers the Financial Times publication to be “an incorrect and inaccurate statement of facts”. Coinbase further explained:
“Prior to the litigation, the SEC had never made a request to delist specific assets. The interview published in the Financial Times omitted important context related to our negotiations with the agency.”
A spokesman for the SEC, reacting to Armstrong’s statements, rejected that the Commission had asked Coinbase to delist certain assets. He acknowledged, however, that some employees may have expressed personal opinions about whether actions complied with securities laws during the investigation.
Remember, in early June, the SEC recognized BNB, BUSD, ADA, SOL, MATIC, FIL, and ALGO tokens as securities.
At the beginning of June, the SEC recognized BNB, BUSD, ADA, SOL, MATIC, FIL, and ALGO tokens as securities.