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SEC Asked Coinbase to Suspend All Cryptos except Bitcoin Before Litigation: Report
Coinbase has revealed that the Securities and Exchange Commission (SEC) had asked it to stop trading in all cryptocurrencies except Bitcoin before suing the crypto exchange. Thus, Coinbase was forced to move to court to avert possible damage to the industry.The information was shared with the Financial Times by Coinbase's Chief Executive Officer, Brian Armstrong. The SEC sued Coinbase in June for allegedly failing to register as an exchange and listing at least 13 cryptocurrencies considered sec...
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Posted: Jul 31 2023, 08:39
Author Name: financemagnates
Views: 080839