Cryptocurrency Q&A
Does Coinbase trade securities?
Does Coinbase trade securities?
Alessandra
Sun Jun 16 2024
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5 answers
1049
I'm curious about the nature of Coinbase's trading services. Could you please clarify if Coinbase trades securities? If so, what types of securities are available for trading on the platform? Additionally, what are the regulatory frameworks that Coinbase follows in relation to securities trading? I'm interested in understanding the legalities and compliances involved in such transactions. Could you also provide any insights into the risks associated with trading securities on Coinbase, if applicable? Thank you for your assistance in clarifying these matters.
5 answers
BlockchainBaron
Tue Jun 18 2024
On Friday, Coinbase filed a motion asserting its innocence in the securities trading dispute with the SEC. The crypto exchange maintains that it does not engage in the trading of securities, thereby rendering the SEC's arguments against it invalid.
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WhisperWind
Tue Jun 18 2024
The SEC filed a lawsuit against Coinbase in June, accusing the crypto exchange of violating securities laws. The SEC alleges that Coinbase operated as an unregistered broker, exchange, and clearing agency, thus breaking the law.
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OliviaTaylor
Mon Jun 17 2024
The SEC's suit centers on the question of whether Coinbase allowed users to trade unregistered securities. This is a crucial point in the dispute, as the trading of unregistered securities is strictly prohibited.
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CryptoKing
Mon Jun 17 2024
Coinbase, however, disputes this claim. The crypto exchange argues that it does not facilitate the trading of securities and, therefore, cannot be held liable for violating securities laws.
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Ilaria
Mon Jun 17 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet services. Its comprehensive suite of offerings caters to a wide variety of crypto investors and traders.
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