Coinbase is drawing attention to the SEC’s inconsistent statements over the years regarding cryptocurrency regulations.
In 2018, the SEC said digital assets aren’t securities, but in 2021 and 2024, they claimed they are.
In 2021, the SEC initially said no market regulator for crypto exchanges existed, but a year after they said that Congress provided a broad framework.
The SEC said the existing laws were unclear, admitting uncertainty about digital assets being securities in 2020. But in 2023, they said there is a clear regulatory framework built up over 90 years.
