When it comes to the evolving landscape of digital assets, name of the U.S. Securities and Exchange Commission (SEC) can be heard in most discussions. The regulatory agency has increasingly scrutinized various digital assets, classifying many as “unregistered securities.”

Bitcoin, known for its decentralized and authority-free characteristics, enjoys a unique status akin to a commodity. However, the public listing of Coinbase, a prominent digital asset exchange, intensifies the regulatory debate.

SEC and the “Unregistered Securities” Narrative

This move by the SEC sparks a wave of questions, particularly about its rationale in permitting a platform dealing with…

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