US regulators are suing Coinbase, one of the world’s leading crypto brokers and exchanges, just a day after announcing action against fellow crypto giant Binance. The filing by the US Securities and Exchange Commission (SEC) in a Manhattan court accuses Coinbase of operating as an unlicensed broker since 2019. Per a Reuters report, the SEC claims Coinbase has ‘deprived investors of disclosures and protections that come from registration, exposing them to significant risk.’ The SEC also says Coinbase’s staking program…
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