Cryptocurrency Q&A
What did the SEC say about Coinbase?
What did the SEC say about Coinbase?
Eleonora
Mon Nov 25 2024
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6 answers
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The SEC accused Coinbase of operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. It also alleged that Coinbase failed to register the offering and sale of securities related to its staking-as-a-service program. The SEC claimed that Coinbase had illegally earned billions of dollars since 2019 by facilitating the buying and selling of crypto asset securities.
6 answers
GeishaWhisper
Wed Nov 27 2024
The SEC issued a Wells notice to Coinbase in March.
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MysticEchoFirefly
Tue Nov 26 2024
The institutional trading arm of Coinbase was also mentioned in the Wells notice.
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SsamziegangSerenadeMelodyHarmony
Tue Nov 26 2024
The notice indicated that Coinbase's spot trading business was at risk.
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CryptoAce
Tue Nov 26 2024
The SEC's warning stated that Coinbase could be accused of offering and selling unregistered securities.
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Elena
Tue Nov 26 2024
The SEC also warned that Coinbase's staking operations could be in violation of regulations.
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