anybody know what are the cited regulatory limitations that are preventing coinbase from listing certain tokens but not others?

https://x.com/i/bookmarks?post_id=1884051994324947001

https://en.wikipedia.org/wiki/Securities_Act_of_1933

makes sense! I suppose I’m not quite understanding what howey test criterion makes VVV certainly not a security as opposed to the other non listed tokens. 

is it no expectation of profits, as VVV is credibly used by the person to unlock access to the venice api?

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If I had to guess, Coinbase is adjusting their process in real-time to the new regulatory environment / anticipating further regulatory clarity

So wouldn’t be surprised if you see a significant increase in listings of older assets that have been in the queue