© Reuters 
Coinbase (NASDAQ:COIN) CEO Brian Armstrong has tried to quell hypothesis that his exchange’s staking merchandise needs to be labeled as securities — upping the ante within the ongoing debate around crypto rules with the usa Securities and Substitute Fee.
In a televised interview with Bloomberg on March 1, Armstrong said, “Our staking product is now not a security,” referring to cryptocurrencies that shall be staked straight on the exchange to generate yields. He persisted:
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