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The 1933 Law Behind the SEC's Crypto Strategy - WSJThe Securities and Exchange Commission today charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered. The Securities and Exchange Commission charged the crypto asset trading platform top.coins4critters.org (the Beaxy Platform) and its executives for failing to register as a. The SEC says cryptocurrencies can be securities even if they don't contractually promise a share of profits or management's ongoing efforts to.