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Coinbase faces SEC action over investor protection issues
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fnlondon.comThe Securities and Exchange Commission has told Coinbase Global that it plans to take enforcement action against the company, escalating its crackdown on digital-currency firms by targeting the biggest US crypto exchange, Coinbase said on 22 March.
Coinbase said it had received a letter from the SEC known as a Wells notice, in which regulators say they believe companies or individuals violated investor-protection laws. The notices aren’t final because the agency’s commissioners must authorize any lawsuits or enforcement settlements.
Read more on fnlondon.comAbout this in other media
Coinbase Urges Creation of Stablecoins That Preserve Purchasing Power Amid Dispute with SEC cryptonews.com /1 year ago
SEC’s wells notice has led to morale boost at Coinbase: Brian Armstrong ambcrypto.com /1 year ago
Coinbase CEO calls for action in electing pro-crypto lawmakers following SEC Wells notice cointelegraph.com /1 year ago
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