'There are elements of existing securities laws that simply don't work with the technological innovation of crypto,' crypto_council's head of government affairs brettquick says. Watch her analysis of the latest SECgov action against Coinbase:
The U.S. Securities and Exchange Commission has issued crypto exchange Coinbase a Wells notice, warning that the crypto exchange may face enforcement action over potential violations of U.S. securities law.
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SEC investigating Coinbase for its Earn product, wallet service and exchange activityThe Wells Notice relates to aspects of the company’s exchange, its staking service Coinbase Earn, and Coinbase Wallet, Coinbase said.
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Coinbase warned by SEC of potential securities chargesThe SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.
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