Coinbase, the largest cryptocurrency exchange in the United States, has sued the Securities and Exchange Commission (SEC) for failing to provide regulatory clarity for the cryptocurrency industry.
With the news earlier today that Coinbase was sent a Wells notice and is under investigation by the SEC, it has me wondering, what can the SEC do to cryptocurrency and could it derail it has a potential financial option?
In a shocking news announcement, Coinbase appears to be under a Wells notice from the SEC, which means the SEC is going to take Coinbase before a court over what it is doing with cryptocurrency.
