Chris Dolmetsch / Bloomberg:

SEC v. Coinbase: in an opening hearing, Coinbase says that buying crypto on an exchange is more like collecting Beanie Babies than investing in a stock or bond  —  - Exchange compares tokens to plush toys to oppose regulation  — Courts are divided on whether crypto sales are securities

Chris Dolmetsch / Bloomberg:

SEC v. Coinbase: in an opening hearing, Coinbase says that buying crypto on an exchange is more like collecting Beanie Babies than investing in a stock or bond  —  - Exchange compares tokens to plush toys to oppose regulation  — Courts are divided on whether crypto sales are securities

Source: TechMeme
Source Link: http://www.techmeme.com/240118/p2#a240118p2