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Coinbase receives Well notice from US regulators on enforcement action

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The world’s largest cryptocurrency exchange, Coinbase has been warned by the US Securities Exchange Commission (SEC) that it faces enforcement action.

The world’s largest cryptocurrency exchange, Coinbase has been warned by the US Securities Exchange Commission that it faces enforcement action.

The ensuing legal action might determine the way cryptocurrencies are regulated and if the SEC is successful, it will drag more crypto operators into the net of US law. If Coinbase wins, it will embolden crypto operators that they can operate outside of the US’s onerous securities laws.

 

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