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Transcripts For BBCNEWS World 20240705



asset trading platform in the united states coinbase. this comes after they announced they would be suing they announced they would be suing the largest crypto exchange biance, accusing it of engaging in a web of deception by operating an illegal digital asset exchange and sending billions of dollars of customer deposits to a separate trading firm owned by its chief executive. biance said the accusations were misguided and they would defend themselves vigorously. we can speak to our reporter in new york. it feels like you said this, we did this, and they will defend themselves, but it shows how difficult it is to regulate something when technology is moving at such a pace. it is something when technology is moving at such a pace- at such a pace. it is important to take a step at such a pace. it is important to take a step back at such a pace. it is important to take a step back and at such a pace. it is important to take a step back and to - at such a pace. it ....

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Transcripts for BBCNEWS World Business Report 20240604 13:32:00

And the main regulatorfor wall street. this is a sign that the ssc is taking a much stricter stance on the crypto currencies and enforcing laws that have been created in the us, to protect american investors. when it comes to the coinbase issue, they are the largest platform in the us and the sec is basically saying, you were operating as an exchange but you did not register as an exchange, and the charges against them were not a surprise because it is a publicly traded company, and we knew it was going to happen because they disclosed that earlier this year. when you look at biance, it is not a publicly traded company, and not a publicly traded company, and no one knew these charges were coming but we had an idea given what we heard about coinbase. the ....

Wall Street , Securities And Exchange Commission , Exchange Biance ,

Transcripts for BBCNEWS World Business Report 20240604 13:31:00

Asset trading platform in the united states coinbase. this comes after they announced they would be suing they announced they would be suing the largest crypto exchange biance, accusing it of engaging in a web of deception by operating an illegal digital asset exchange and sending billions of dollars of customer deposits to a separate trading firm owned by its chief executive. biance said the accusations were misguided and they would defend themselves vigorously. we can speak to our reporter in new york. it feels like you said this, we did this, and they will defend themselves, but it shows how difficult it is to regulate something when technology is moving at such a pace. it is something when technology is moving at such a pace- at such a pace. it is important to take a step at such a pace. it is important to take a step back at such a pace. it is important to take a step back and at such a pace. it is important to take a step back and to - at such a pace. it is important to ....

Exchange Biance , Web Of Deception , Customer Deposits , Chief Executive , New York , Step Back , The Lay Of Land ,