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Re:US SEC sues Coinbase, one day after suing Binance by EscapeFromNY on Tuesday June 06, 2023 @10:56AM (#36213804)
I don't think there's any question who has jurisdiction. The SEC and CFTC have both agreed it's the CFTC:

https://www.axios.com/2022/06/28/bitcoin-is-the-only-coin-th...

https://cryptoslate.com/cftc-chair-rostin-behnam-snubs-ether...

Re:US SEC sues Coinbase, one day after suing Binance by Karunamon on Tuesday June 06, 2023 @12:31PM (#36215327)
The problem is this is not formalized. It needs to be a law (legislative, not administrative), ideally with the individual tokens named.

Relying on the goodwill of regulators is unwise.