“We view the ruling as incrementally positive for Coinbase, given the interpretation that in some cases a token may not be a security,” the bank’s analysts wrote, keeping COIN’s rating at underweight with a $70 price target. “This may also provide incremental clarity for future token issuances.” www.coindesk.com
“We view the ruling as incrementally positive for Coinbase, given the interpretation that in some cases a token may not be a security,” the bank’s analysts wrote, keeping COIN’s rating at underweight with a $70 price target. “This may also provide incremental clarity for future token issuances.”
www.coindesk.com