[SEC says cryptocurrencies have no inherent value, Coinbase refutes: Are stamps and bracelets securities? 】Odaily Planet Daily News, the U.S. Securities and Exchange Commission (SEC) recently stated in a case against Coinbase that cryptocurrencies lack any “inherent or intrinsic value.” The SEC believes that the crypto-asset itself is linked to its underlying value. For the crypto-assets involved in this case, it is an investment contract. In response, Coinbase Chief Legal Officer Paul Grewal countered that the SEC’s argument means that everything from Pokemon cards to stamps to Swiftie bracelets are securities, which is not the law at all and should not be the law. What do you think? Welcome to express your opinions in the comment area! 😉