Digital Coin News

First Binance, now Coinbase: SEC moves to shut down crypto trading platforms it says are illegal | CBC News

  • 📰 CBCNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 99%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

The U.S. Securities and Exchange Commission has sued Coinbase, the largest U.S. crypto asset trading platform, accusing it of illegally operating without having first registered with the regulator.

Posted: Jun 06, 2023 9:28 AM EDT | Last Updated: 8 minutes ago

The U.S. Securities and Exchange Commission on Tuesday sued Coinbase Inc., the largest U.S. crypto asset trading platform, accusing it of illegally operating without having first registered with the regulator. The SEC also said Coinbase operated as an unregistered broker through Coinbase Prime, which routes orders to Coinbase's platform and other platforms, and Coinbase Wallet, which lets investors access liquidity outside Coinbase's platform.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. SEC sues crypto exchange Coinbase over failure to registerIn a complaint filed in Manhattan federal court, the SEC said Coinbase has since at least 2019 operated as an unregistered broker by handling cryptocurrency transactions
Source: globeandmail - 🏆 5. / 92 Read more »