SEC accuses Coinbase cryptocurrency exchange of breaking US regulations
by Alex Hern from Technology | The Guardian on (#6C2W4)
Securities and Exchange Commission sues platform for allegedly operating as unregistered broker
The US Securities and Exchange Commission has sued Coinbase, the largest American cryptocurrency exchange, for operating as an unregistered broker, exchange and clearing agency" in violation of US securities regulations.
The lawsuit follows a similar action against Binance, the world's largest cryptocurrency exchange, launched by the regulator on Monday.
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