Cardano founder Charles Hoskinson clarifies the commission's stance on ADA, asserting there's been 'no enforcement event' targeting the token
, Coinbase CEO Brian Armstrong recently hinted at the possibility of delisting several tokens, including Cardano's ADA, due to an ongoing lawsuit by the SEC.
In its bombshell lawsuits against Binance and Coinbase, the SEC has alleged that 13 out of the 240 digital assets available on their platform are unregistered securities.Input Output Global , the primary developer behind the Cardano blockchain, has firmly opposed the SEC's proposition that ADA be labeled as a security.
After Ripple's partial win against the SEC injected some optimistic into the crypto community, the agency is now fighting back. As reported by U.Today, the SEC has requested permission to appeal a ruling that declared XRP as not being a security.
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