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Coinbase warns crypto users may not be protected in the event of bankruptcy
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Cryptocurrency trading platforms might look and feel like regular brokerage apps to everyday users, but regulators have long warned they lack the oversight and investor protections that are built into traditional financial services.
Coinbase Global acknowledged that reality this week. In its quarterly filings, the crypto trading firm suggested that the digital tokens it holds for its users might not really belong to them if push comes to shove.
“Because...
Read more on fnlondon.comAbout this in other media
Keeping Your Crypto Safe Even If The Exchange Goes Bankrupt ndtv.com /1 year ago
3 red flags that signal a crypto project may be misleading investors cointelegraph.com /1 year ago
Trademark Applications Suggest Meta May Launch Crypto Platform cryptonews.com /1 year ago
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