SEC Immunity Concerns Cloud Exchange Listings for Legacy Tokens
Edited by Steinar Vigdel Kolnes, Editor, Oslo
CoinDesk flags explicit SEC protection as a sticking point for centralized exchanges considering listings of older crypto tokens.
Centralized crypto exchanges are reluctant to list legacy tokens without explicit immunity from the U.S. Securities and Exchange Commission, according to a CoinDesk headline.
The headline frames protection from SEC action as a condition for those listings. It does not specify what form that protection would take or which older tokens are affected.
The supplied item contains no reporting beyond the headline, leaving the exchanges involved, their reasoning and any related SEC response unverified.
Source: CoinDesk