“Coinbase (NASDAQ:) has embraced regulation since its inception over a decade in the past,” mentioned Paul Grewal, chief authorized officer of the cryptocurrency alternate. Mentioned “The SEC (Securities and Alternate Fee) has licensed us to grow to be a public firm in April 2021. This makes us distinctive within the cryptocurrency business.”

coin base sued by the SEC The subsequent day, June 6, he was indicted on suspicion of violating the Securities Act. Company sued Binance and two and a half months After Receiving Wells Notification It alerted the US-based alternate to attainable imminent motion by the regulator. Coinbase CEO Brian Armstrong mentioned on the time:

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