The U.S. Securities and Exchange Commission (SEC) urged cryptoasset exchange platform Coinbase to cease trading any other cryptocurrency besides bitcoin before proceeding early last June to sue the company for operating as an unregistered exchange, Coinbase CEO Brian Armstrong has revealed.
Tag: coinbase
SEC Charges Crypto Platform Coinbase, One Day after Suing Binance
The U.S. Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest U.S. cryptocurrency exchange of operating illegally because it failed to first registered with the regulator.
SEC Planning Lawsuit Against Coinbase, Crypto Exchange Claims
The SEC has told Coinbase Global it plans to take enforcement action against the company, escalating its crackdown on digital-currency firms by targeting the biggest US crypto exchange.
SEC Considers Rules That Could Squeeze Coinbase, Other Crypto Platforms
Wall Street’s main regulator is set to propose heightened requirements for businesses that safeguard assets for fund managers, a move that could further squeeze crypto platforms.