As the cryptocurrency community eagerly anticipates the SEC’s decision on the spot Bitcoin ETF, another significant development is quietly unfolding: Coinbase’s ongoing legal dispute with the SEC. This high-profile conflict not only underscores the complexities of regulatory compliance but also highlights Coinbase’s potential role in the ecosystem.
Read on to know more about these updates.
Coinbase & SEC: A Long, Troubled Relationship
The SEC initiated its legal challenge against Coinbase over a year ago, alleging that the platform operated as an unregistered exchange, broker, and clearing agency. In response, Coinbase has staunchly refuted these accusations, emphasizing the need for comprehensive digital asset regulations. Recently, SEC Chair Gary Gensler reiterated the agency’s stance, emphasizing the importance of crypto exchanges registering and providing equivalent…
