SEC lawsuits have hit crypto securities harder than crypto commodities

2023-6-9 13:09

Quick Take This week, the Securities Exchange Commission (SEC) filed lawsuits against Binance and Coinbase. Among the charges, in both cases, it was alleged particular crypto tokens fall under the classification of “securities.” The altcoins named by the SEC are shown in the securities column of the first graphic below, along with those deemed commodities. Comparing the market capitalization movement percentages for both sets of crypto assets, drawdowns were noted for commodities and securities on June 5 and 7, with securities dipping close to -8% on both days. In contrast, commodities dipped a lesser degree, to -4% and -3.5%, respectively. June 6 showed an uptick for both categories, with commodities seeing a more significant growth rate at 5.5% versus 1.5% for securities. The commodities, Bitcoin and Ethereum, make up approximately 90% of the total crypto market capitalization – this trend is expected to continue. SEC thoughts on commodities and securities: (Source: Crypto Quant) Securities and commodities: (Source: Crypto Quant) Securities and commodities: (Source: Crypto Quant)

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Canada Tightens Regulatory Oversight for Crypto Exchanges  

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2020-1-18 20:00


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2018-9-19 21:30


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2018-9-18 08:49


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2018-9-11 17:48