According to a report by the Financial Times, Coinbase’s CEO Brian Armstrong revealed that the U.S. SEC had advised Coinbase to cease trading in any cryptos except Bitcoin prior to taking legal action targeting the exchange. According to an SEC spokesman, company delisting of cryptocurrency assets is not requested by SEC officials. However, staff members may offer their own opinions during investigations about whether certain conduct could give the commission cause for concern about securities regulations.
“The four SEC commissioners, SEC staff and SEC Chairman Gary Gensler have all expressed diverse perspectives on various topics; these opinions do not necessarily represent the institution’s…
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