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bigger rival, binance, and its billionaire creator. samira hussain has more from new york. in these latest charges, the sec said coinbase acted as a broker exchange and clearing agency for broker exchange and clearing auen y ., , , ., ., agency for investments that are sub'ect to agency for investments that are subject to sec _ agency for investments that are subject to sec rules. _ agency for investments that are subject to sec rules. but - agency for investments that are subject to sec rules. but they i subject to sec rules. but they did so without properly registering, and that, t...

more from new york now. in more from new york now. in these latest charges, the sec said coin base acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded company are disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. test...

To work— engagements with the sec to try to work towards a sensible framework for regulation that would — framework for regulation that would allow for example the registration of platforms as either— registration of platforms as either broker—dealers or a tss or a _ either broker—dealers or a tss or a national security exchange. we received no response after our presentations as part of those discussions. gn presentations as part of those discussions.— presentations as part of those discussions. on the one hand, coinbase _ discussions. on the one hand, coinbase is — discussions....

Towards _ with the sec to try to work towards a sensible framework for regulation. we received no response _ for regulation. we received no response after our presentations as part of those discussions. gn presentations as part of those discussions.— presentations as part of those discussions. on the one hand, coinbase _ discussions. on the one hand, coinbase is — discussions. on the one hand, coinbase is basically _ discussions. on the one hand, coinbase is basically saying i discussions. on the one hand, | coinbase is basically saying we want to abide by the rules, but the ones is writte...