Coinbase CEO Brian Armstrong Reveals SEC’s Potential Crypto Industry Upheaval
According to an article on MSN, the CEO of Coinbase, Brian Armstrong, revealed that the SEC suggested his company make a change while the agency prepared to sue the firm for allegedly operating as an unregistered broker. The SEC suggested that Coinbase delist every asset other than Bitcoin, which would have essentially meant the end […]
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by mike
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According to an article on MSN, the CEO of Coinbase, Brian Armstrong, revealed that the SEC suggested his company make a change while the agency prepared to sue the firm for allegedly operating as an unregistered broker. The SEC suggested that Coinbase delist every asset other than Bitcoin, which would have essentially meant the end of the crypto industry in the U.S. If Coinbase complied with the SEC’s request, it would have delisted every one of the more than 200 tokens it offers, apart from Bitcoin. This would have set a precedent that meant most American crypto firms would have been left operating illegally unless they registered with the SEC. Armstrong told the publication of Coinbase’s decision to reject the SEC’s request: “It kind of made it an easy choice…let’s go to court and find out what the court says”.
Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency. And most trusted place for people and businesses to buy, sell, and manage crypto. Coinbase offers a wide range of services such as downloader, file manager, phone cleaner, music player, and online video. Users can earn up to $400 on average just by taking advantage of their rewards. Offers hundreds of cryptocurrencies that can be bought and sold easily and securely. Also offers powerful analytical tools with the safety and security of Coinbase delivering the ultimate trading experience. Coinbase Wallet allows users to store their crypto in their own personal crypto wallet and explore decentralized finance (DeFi), buy and sell NFTs, and more.
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SafeMoon Team in Hot Water: Arrested and Charged!
SafeMoon, a crypto company that has been accused of fraud and unregistered offering of crypto securities by the SEC and the DOJ. Authorities charged SafeMoon’s creator Kyle Nagy, CEO John Karony, and CTO Thomas Smith with conspiracy to commit securities fraud, wire fraud, and money laundering. The defendants allegedly promised investors that they had safely […]
Tedi Talks: Why Crypto-Coins and AI Matter Now
Tedi Ticic is a well-known name in the world of cryptocurrency. He blazed a trail in the field and received recognition for his contributions to the industry. In one of his recent articles, he discusses the importance of crypto-coins and AI in the modern era. Tedi Ticic is a cryptocurrency trader, author, and mentor from Croatia, Europe. […]
David Schwartz Talks Tokenization:
XRPL’s Exciting Future Unveiled. Ripple CTO David Schwartz recently shared his timeline for tokenization on the XRP Ledger (XRPL). David Schwartz anticipates real-world asset tokenization on XRP Ledger within the next year or year and a half. This statement was made in a video shared by the Flip The Chain team on Oct. 13, 2023. […]
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