The SEC notably specify 19 cryptos as securities in the lawsuits against Binance and Coinbase. Here’s the full list of tokens named as securities by the SEC.
In the SEC lawsuit lagainst Binance, the regulatory agency labeled these tokens as securities:
- Cosmos (ATOM)
- Binance Coin (BNB)
- Binance USD (BUSD)
- COTI (COTI)
Meanwhile, in the SEC lawsuit against Coinbase, these cryptos were named securities:
- Chiliz (CHZ)
- Near (NEAR)
- Flow (FLOW)
- Internet Computer (ICP)
- Voyager Token (VGX)
- Dash (DASH)
- Nexo (NEXO)
Finally, these tokens traded on both platforms, Binance and Coinbase, were also labeled securities:
- Solana (SOL)
- Cardano (ADA)
- Polygon (MATIC)
- Filecoin (FIL)
- The Sandbox
- Decentraland (MANA)
- Algorand (ALGO)
- Axie Infinity (AXS)
The major exception from these lists is Ethereum, which was notably excluded
If these tokens are ultimately classified as securities, they would likely be delisted from US exchanges, and their trade would be severely restricted. Such an eventuality could set a daunting precedent, creating substantial regulatory challenges for the crypto industry, particularly for the developers and token holders.
Full List of Cryptos Named Securities by the SEC
Adding to the charges against Binance and Coinbase, the SECs list of alleged securities encompasses a total of 67 different cryptocurrencies. Each token categorized as security falls under specific regulations and requirements, amounting to over $100 billion of the crypto market or roughly 10% of the total market capitalization.
Prominent cryptocurrencies previously declared securities by the SEC include:
- Ripple (XRP)
- Telegram’s Gram (TON)
- LBRY Credits (LBC)
- OmiseGo (OMG)
- DASH (DASH)
- Algorand (ALGO)
- Naga (NGC)
- Monolith (TKN)
- IHT Real Estate (IHT)
- Power Ledger (POWR)
- Kromatica (KROM)
- DFX Finance (DFX)
- Amp (AMP)
- Rally (RLY)
- Rari Governance Token (RGT)
- DerivaDAO (DDX)
- XYO Network (XYO)
- Liechtenstein Cryptoasset Exchange (LCX)
- Kin (KIN)
- Salt Lending (SALT)
- Beaxy Token (BXY)
- DragonChain (DRGN)
- Tron (TRX)
- BitTorrent (BTT)
- Terra USD (UST)
- Luna (LUNA)
- Mirror Protocol (MIR)
- Mango (MNGO)
- Ducat (DUCAT)
- Locke (LOCKE)
- EthereumMax (EMAX)
- Hydro (HYDRO)
- BitConnect (BCC)
- Meta 1 Coin (META1)
- Filecoin (FIL)
- Binance Coin (BNB)
- Binance USD (BUSD)
- Solana (SOL)
- Cardano (ADA)
- Polygon (MATIC)
- Cosmos (ATOM)
- The Sandbox (SAND)
- Decentraland (MANA)
- Axie Infinity (AXS)
- COTI (COTI)
- Paragon (PRG)
- AirToken (AIR)
- Chiliz (CHZ)
- Flow (FLOW)
- Internet Computer (ICP)
- Near (NEAR)
- Voyager Token (VGX)
- Nexo (NEXO)
- Mirrored Apple Inc. (mAAPL)
- Mirrored Amazon.com, Inc. (mAMZN)
- Mirrored Alibaba Group Holding Limited (mBABA)
- Mirrored Alphabet Inc. (mGOOGL)
- Mirrored Microsoft Corporation (mMSFT)
- Mirrored Netflix, Inc. (mNFLX)
- Mirrored Tesla, Inc. (mTSLA)
- Mirrored Twitter Inc. (mTWTR)
- Mirrored iShares Gold Trust (mIAU)
- Mirrored Invesco QQQ Trust (mQQQ)
- Mirrored iShares Silver Trust (mSLV)
- Mirrored United States Oil Fund, LP (mUSO),
- Mirrored ProShares VIX Short-Term Futeres ETF (mVIXY)
SEC Chairman Gary Gansler has hinted at an expansive purview, suggesting that, in his view, “everything other than Bitcoin” could potentially fall under the agency’s jurisdiction as a security. However, this perspective is not universally shared, and calls for regulatory clarity are growing louder.
Leave a comment