2018-7-18 15:49 |
Coinbase, the largest US cryptocurrency exchange, walked back its claims from earlier this week that it got approval from the Securities and Exchange Commission (SEC) to list cryptocurrencies deemed as securities.
Coinbase Walks Back
Despite all of the above, Coinbase spokeswoman, Rachael Horwitz, went on record today July 18, to walk back the previous announcement.
Horwitz clarified that the San Francisco-based exchange has actually not been officially approved by the regulator, saying:
It is not correct to say that the SEC and FINRA approved Coinbase’s purchase of Keystone because SEC was not involved in the approval process.
What do you think of the recent controversy surrounding Coinbase broker-dealer license approval?
The post No, Coinbase Didn’t Actually Get SEC Approval appeared first on Bitcoinist.com.
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