Coinbase, the largest US cryptocurrency exchange, responded to the Wells notification sent to the exchange by the US Securities and Exchange Commission (SEC).
In the video released by Coinbase on April 27, of the SEC sent to the stock market to the Wells statement replied. CEO Brian Armstrong and the Chief Legal Officer of the stock exchange by Paul Grewal In the video with his statements, he talked about the crypto money industry. regulatory clarity While it was reiterated that it should be brought its activities job description from the day it started did not change highlighted. Managers over time in the light of relevant arguments to the stock market your changing attitude towards not professional implied.
Coinbase’s Nasdaq to be listed applied for 2021 The SEC has the legal authority to regulate the stock market in not while this thought of FTX after bankruptcy clearly changed included in the details given in the statement.
The company’s to financial laws who took the floor about his attitude towards Armstrong, since the early years of the company regulations to continue its activities under that you pay attention and the assets he examined. 90% rejected expressed.
Contrary to popular belief, administrators regulated is an organization and New York Department of Financial Services (NYDFS) given by to BitLicense He emphasized that he has
Grewal, authorities on the cryptocurrency sector. to increase control if they want to make laws necessary noted that.
On the other hand, Armstrong of the SEC to your moves to continue on legal platforms to the fight signaling that they will continue in the following expressions found:
Things don’t have to get to this point. We welcome sincere dialogue for a viable path for our industry.
SEC Chairman Gary Gensler On the other hand, in a video published on the same date, he called out to the entire crypto money ecosystem and made the regulatory environment of the crypto money sector. very clear but companies compliance issues he said he did.