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SEC Regrets Confusion Over 'Crypto Asset Securities' — Ripple and Coinbase Weigh In

Coinbase and Ripple legal chiefs have criticized the SEC for its inconsistent approach to classifying tokens as securities. They pointed out the SEC's admission of causing confusion by labeling tokens as securities and criticized its contradictory handling of Ethereum transactions. They believe the SEC's actions and statements have led to confusion about its regulatory practices. They also highlighted the "fair notice" defense that is still applicable to others despite Ripple's case being over.

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