PANews reported on August 1 that according to Blockworks, according to the latest statements from Coinbase and the U.S. Securities and Exchange Commission (SEC), before the SEC sued Coinbase, the SEC did not require Coinbase to delist any specific assets.
A Coinbase spokesperson said: "An article in the Financial Times reported that 'Coinbase CEO Brian Armstrong said the SEC had asked to stop trading in all cryptocurrencies other than Bitcoin', which is an 'inaccurate statement of the facts'; before filing the lawsuit, the SEC never asked Coinbase to delist any specific assets, which the SEC acknowledged in the same article; the interview published by the Financial Times omitted important context of Coinbase's conversations with the SEC."
A Coinbase spokesperson explained that the so-called SEC's request for Coinbase to "delist all assets except Bitcoin" was only the view of some SEC staff at the time, not the view of the broader committee, and such requests can only be made after the committee members themselves vote in majority. In the latest statement, the SEC spokesperson said: "SEC staff will not require companies to delist crypto assets. During the investigation, staff may express their views on which actions may raise questions for the Commission under securities laws."