SEC sues Coinbase for offering unregistered crypto securities
The ruling is a big win for the SEC, which wants to bring cryptocurrency regulation under its umbrella
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The ruling is a big win for the SEC, which wants to bring cryptocurrency regulation under its umbrella
The Securities and Exchange Commission has the upper hand in Coinbase's ongoing lawsuit. The crypto exchange's shares were down 2.5% at the time of the ruling.
All the major market indexes ended the day in the green
Coinbase, the leading US-based cryptocurrency exchange, is experiencing a surge in its stock price as Bitcoin and the overall crypto market is rallying.
In 2024, one of the most interesting in terms of crypto prices, major tokens like Bitcoin have seen all-time highs (ATHs), and institutional adoption is reaching new levels. On a less serious note, meme coins have exploded in an unprecedented way. Investors are throwing billions of dollars into seemingly random projects and making almost unbelievable gains. Coinbase's new Layer 2, called Base, has added to the mania. Don't Miss: If you invested $100 in DOGE when Elon Musk first tweeted about it