The much-anticipated approval of a Bitcoin spot ETF in the United States faces a new hurdle as Securities and Exchange Commission (SEC) Chairman Gary Gensler appears to have cast doubt on the role of Coinbase’s […]
“Coinbase, a multi-billion-dollar entity advised by sophisticated legal counsel, argues it was unaware that its conduct risked violating the federal securities laws, and suggests that by approving Coinbase’s registration statement in 2021 the SEC confirmed […]
In June, spot trading volume on centralized crypto exchanges rose by over 16% to $575 billion. This increase represents its first increase in three months, according to a CCData review. This surge in trading activity […]
“Even were the SEC correct that the assets and services it identifies are within the scope of its existing regulatory authority, this action must be dismissed on the independent grounds that it violates Coinbase’s due […]
On June 14, Coinbase chief legal officer Paul Grewal updated the situation on the SEC response to the company’s repeated calls for regulatory clarity. The watchdog, which has launched an outright attack on the industry […]
US-based trading firm Robinhood announced the delisting of Solana (SOL), Cardano (ADA), and Polygon (MATIC) after the Securities and Exchange Commission (SEC) labeled them as securities in the suits against two crypto heavyweights. The company, […]
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