Ponder Crypto's Take: This has been a long time coming. The US regulators, primarily the SEC, have been hiding behind outdated rules for far too long. Coinbase, along with many developers, entrepreneurs, and exchanges, has made attempts to obtain regulatory clarity, but there has been little to no progress made. As a result, they are being forced to operate in other markets. It's time someone takes the fight to the regulators, and Coinbase has the best chance to force clarity and help salvage what opportunity the US has to remain a powerhouse in the FinTech space.
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