Historical retrospective · Policy
The SEC’s Coinbase complaint challenged exchange and staking services
On June 6, 2023, the SEC announced charges alleging Coinbase operated as an unregistered exchange, broker and clearing agency and offered an unregistered staking service.
The filing made U.S. crypto platform registration and staking-as-a-service prominent policy questions.
The case became a focal point in debate over how existing securities rules apply to centralized crypto businesses.
The release states regulator allegations; it should not be presented as a final judicial determination of every issue.
Primary source
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