Coinbase Will Not Leave The United States

Coinbase Will Not Leave The United States....but 

 what's up you guys it's NC  here so I was just looking through a few articles I always like to look through crypto news to see what's happening today whether it's about the SEC and the battle with coinbase with binance you know an update with the battle with the SEC for a ripple or some information with the SEC against Kraken or some information with the SEC against busd but it seems like there's something that's common right right here something that all of them have in common and that would be

the SEC and some sort of battle with a project with a cryptocurrency exchange and you know you have that commonality between them so people are are asking me as well as I see some articles talking about how coinbase could be leaving the US right and they have stated this saying that look you know we don't know how if we're going to have any Clarity and if we're not going to have Clarity we're going to leave the U.

 right kind of like that and if they're saying that people are thinking that but honestly I just think it's more of like give us Clarity um not because they want to leave the U.S it's because they're going to focus more on other countries than you know feeding into U.S investors and it's going to suck for U.

 investors I'm sure they don't want to just take U.S investors and go here we're just going to kick you to the curb and uh we don't want to give you any other cryptocurrency projects because we don't believe that you're worth it right so there are some articles out there talking about coinbase being invited to leave the U.

being invited to be a part of other countries and I wanted to kind of talk about that on whether coinbase is going to leave the U.S or what we are going to see with coinbase so guys hit the like button hit the Subscribe button hit that notification Bell for more videos like this one also make sure you check out some of the links down below it does help out the channel and if you guys want to follow me on Twitter at Perry 8K you can follow me over there don't forget about some of the links that are in the description it does help out the channel quite a bit and if you

guys want to check out my patreon that link is also down there oh but let's talk about coinbase right because I'm not gonna be able to show you anything on the screen again I apologize but I do have an article up here talking about how coinbase was invited to move to Hong Kong by Regulators as the SEC lawsuit in the U.

 develops now this is big to see an invite directly from Hong Kong to say um you know Hong Kong Regulators to say look you know you can move over here and you can do everything that you wanted to do over here and not have to worry about you know really fighting regulation and not really fighting it it's not saying that coinbase is fighting it coinbase is fighting for understanding Clarity behind it for the U.

we need a ton of case for all behind it in order to understand where this can go and what's labeled as a security what's not labeled as a security so this is a huge battle we're going to have not because it's like hey this is just the SEC versus whatever which it seems like it is it's because we don't know what the definition is it's kind of like you and let's say your significant other decide to argue about what a word means you can go online and literally search for what your definition of that word would be

and something will pop up right you can go online and look up a word and see 17 different definitions for what that is and you will basically say no I was right no I'm right no I'm right no I'm right and honestly both of you are right right you have the the breakdown of that but we just don't have um you know certain instances to prove that one person is more right than the other um so that's kind of what they need to do here for coinbase for binance and again xrp is going to be able to do that

things that you do with coinbase or things that you go into with this lawsuit with coinbase it's going to be able to create that Clarity and I think that's the idea that's exactly what they're doing so it's good and bad to see that they're invited to you know to Hong Kong by these Regulators basically saying that you know SCC in the you know the U.

 is just not um you know living up to what they expected right since the beginning they basically said all right are we good and they were like yeah you're good but it may be subject to change well how about you just communicate exactly what that change would be and what falls under that umbrella and we will figure that out xrp came along they were in a lawsuit they delisted them and now as you see maybe that come to an end maybe they re-list xrp as well so anyways coinbase invited to the US by Hong Kong Regulators Hong Kong is offering

coinbase a chance to expand to the region as the the U.S Regulators crack down on digital asset industry Johnny um and G a member of Hong Kong's legislative Council has offered to help coinbase and other digital asset companies relocate to Hong Kong I hereby offer invitation to Welcome All Global virtual assets trading operators including a coinbase to come over to Hong Kong for application of official trading platforms and further development plans please feel free to approach me and I am happy to provide

any assistance the invitation over Twitter comes days after the U.S Securities and Exchange Commission filed a lawsuit against top crypto exchanges binance and coinbase the SEC accuses Coinbase and securities violation and failing to register a broker dealer and binance of several different violations now while Regulators are sorry while Regulators are on the offensive in the U.

Hong Kong has taken steps to become more accommodating to the crypto industry now I wanted to kind of break this down right because I don't know where everybody's head is right I can I can say that this is the reason why this is happening I could say this is the reason why this is happening but in my opinion when I look at this overall situation again it all leads to the fact that we want more clarity and um it kind of really doesn't make sense how why Gary Gensler would basically say um we're going to fight and everything is a security besides Bitcoin

could this be a reason to gain the clarity and then when it gets to a point to where um you now have others that are trying to collapse it and say look it's a security they have case law to back it up could that be the case that they're trying to make here I don't really know but in in other views it's looking like the SEC just hates cryptocurrency and um that's where it's making me think that maybe coinbase would move outside the U.

 but honestly in my full opinion I don't believe that they're going to move outside the U.S what I do think that they would do is if there is a decision basically saying that everything is on registered security and there are all Securities and now you can't you know trade them or do anything within the us because exchanges are not offering them um you know if you do see that it's just going to open the door for other countries to do what uh we were doing in the U.

basically um you know taking cryptocurrency uh as it is now and instead of the US really leading that charge we're going to see Hong Kong leading that charge or whoever leading that charge does that mean coinbase completely leaves the U.S no it does not does that mean that you will have difficulty buying whatever that cryptocurrency is probably um because coinbase will not be able to offer it as it is and that cryptocurrency project would not decide to change anything because the rest of the world says you know what

everything's fine but the U.S says no so honestly I don't think that one we're gonna see that go the sec's route two we're gonna see uh regulation or sorry we're going to see um you know case law that really breaks down the definition for future events and three if we do see any decision more towards the SEC side it's not going to be that cryptocurrency is gone forever in the U.

 it's just going to be certain ones are not going to be available to the normal person so anyways guys let me know what you think about this do you think coinbase will actually leave the us or do you think that they'll stick around same thing with combine it so hit the like button hit that subscribe button hit that notification Bell for more videos like this one also make sure you check out some of the links down below it does help out the channel and if you guys want to follow me on Twitter at Perry AK you can follow me over there don't forget about some of