Big Crypto Exchange Makes Dramatic Decision

Published by
The Street

By Luc Olinga The crypto industry has never been more sharply in the crosshairs of regulators than it has this year. The major regulatory offensive is especially visible in North America. In the U.S. the Securities and Exchange Commission has threatened legal action against various players. Even Coinbase (COIN) – Get Free Report, the most popular U.S. cryptocurrency exchange, is not immune to the regulator’s crusade. In March, the SEC sent the platform a so-called Wells Notice, a signal that the regulator might sue Coinbase, alleging violations of the federal securities laws. The dispute betwe…

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