Apr 27, 6:45 pm
Decrypt
Coinbase Responds to SEC’s Enforcement Action Threats
Coinbase has responded to a Wells Notice from the SEC, arguing that the agency’s own mandate would have prevented the company from being listed on Nasdaq if it believed Coinbase’s business was unlawful. Coinbase warned the SEC of potential reputational harm if it tries to go after the company, and the exchange is now suing the SEC for clearer crypto regulations.