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Nalezeno "Brian Armstrong": 258

SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023


2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences....

SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations


The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto...

Brian Armstrong seeks a clear regulatory framework


The US Securities and Exchange Commission continues investigating platforms that have broken the law by putting investors and their funds at risk. All of it comes down to categorizing their staking services under securities. A slight objection has now come from Brian Armstrong, the Chief Executive...

Analysts Expect Coinbase Revenue to Drop 75% for Last Quarter


Coinbase is expected to report a steep decline in its revenue for the last quarter of 2022 as transactions plummeted and crypto prices dropped to record low levels.  Coinbase is set to report results for the latest quarter of 2022 after the market close on Tuesday. Wall Street analysts expect the...

Coinbase CEO Brian Armstrong Ready to Defend Staking in Court if Necessary


Coinbase CEO Brian Armstrong has said the exchange's crypto staking services are not securities, adding that he is willing to defend this in court.  “Coinbase's staking services are not securities. We will happily defend this in court if needed,” Armstrong said in a Twitter post on Sunday....

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