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Coinbase Shares Drop 10% Following SEC’s Suit Against BinanceShares of Coinbase ($COIN) fell 10% after news broke that the SEC was suing Binance for violating federal securities laws. HeleneBraunn reports
Source: CoinDesk - 🏆 291. / 63 Read more »
US SEC sues Coinbase, one day after suing BinanceNEW YORK (Reuters) -The U.S. Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest U.S. cryptocurrency exchange of operating illegally without having first registered with the regulator. Tuesday's lawsuit came one day after the SEC sued Binance, the world's largest cryptocurrency exchange, and its founder Changpeng Zhao. Both cases are part of SEC Chair Gary Gensler's push to assert jurisdiction over crypto and offer better protection to investors who trade virtual currencies.
Source: YahooNews - 🏆 380. / 59 Read more »