Regulatory Clash Between Coinbase and SEC Amid Geopolitical Uncertainty Shakes Cryptocurrency Market
Amidst recent geopolitical developments that are impacting investor decision-making, a regulatory conflict in the United States concerning the cryptocurrency exchange Coinbase and the Securities and Exchange Commission (SEC) is resurfacing.
Since June, Coinbase has been embroiled in a legal dispute with the SEC over accusations of operating as an unregistered exchange. While there are ongoing legal actions in the cryptocurrency industry, the Coinbase case has attracted the most attention, highlighting how digital assets may be regulated under U.S. law in the future.
Legal experts and authorities, including the North American Securities Administrators Association (NASAA), have echoed the SEC's perspective, emphasizing that cryptocurrencies should adhere to traditional regulations despite being a new asset class. On the other hand,
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