United States Securities and Trade Fee (SEC) filed response to claims by Coinbase (NASDAQ: ) that the regulator lacks jurisdiction to prosecute cryptocurrency exchanges.
In keeping with July 7 In keeping with the SEC’s letter to a district decide, Coinbase was conscious of the likelihood that its operations could be topic to federal securities legal guidelines by brazenly informing its shareholders of the likelihood that the belongings traded on its platform may very well be labeled as securities.
Proceed studying Coin Telegraph.