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State Regulators Quiz Coinbase about Staking Programme amidst SEC Lawsuit

State Regulators Quiz Coinbase about Staking Programme amidst SEC Lawsuit
Coinbase’s regulatory troubles worsened on Tuesday as Alabama state securities watchdog alleged that crypto exchange violated securities law by offering its staking rewards programme to state residents without registration. This came hours after the Securities and Exchange Commission (SEC) filed a lawsuit against Coinbase, alleging that the exchange operates an illegal trading platform and runs a crypto staking-as-a-service programme without authorization.SEC also pushed against Binance earlier... Read More
Posted: Jun 6 2023, 20:13
Author Name: financemagnates
Views: 081374

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