Cryptocurrency Q&A Is Coinbase an unregistered broker & exchange?

Is Coinbase an unregistered broker & exchange?

Lucia Lucia Sun Nov 24 2024 | 6 answers 1180
I heard that the U.S. Securities and Exchange Commission (SEC) has accused Coinbase of operating as an unregistered broker and exchange. I'm wondering if this is true and what the specific allegations are. Additionally, I would like to know the potential consequences of these accusations for Coinbase and its users. Is Coinbase an unregistered broker & exchange?

6 answers

Ilaria Ilaria Tue Nov 26 2024
Coinbase is currently facing a lawsuit from the SEC.

Was this helpful?

101
28
GinsengBoostPowerBoost GinsengBoostPowerBoost Tue Nov 26 2024
The SEC alleges that Coinbase is operating as an unregistered broker and exchange.

Was this helpful?

42
62
DigitalWarrior DigitalWarrior Mon Nov 25 2024
The regulatory body has taken a strong stance against Coinbase.

Was this helpful?

168
77
CryptoPioneer CryptoPioneer Mon Nov 25 2024
The SEC claims that Coinbase's prime brokerage services violate securities regulations.

Was this helpful?

339
54
Tommaso Tommaso Mon Nov 25 2024
Additionally, the SEC believes that Coinbase's exchange services also breach securities laws.

Was this helpful?

287
24
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts