Wednesday, December 25, 2024
Home > News > Bitcoin News > Crypto Exchange Coinbase Shares Tumble 16% After SEC Enforcement Notice

Crypto Exchange Coinbase Shares Tumble 16% After SEC Enforcement Notice

On Wednesday, the SEC issued Coinbase a Wells notice, which informs businesses that it is planning future enforcement action against them. Coinbase said in a filing with the SEC that it believes any action “would relate to aspects of the company’s spot market, staking service Coinbase Earn, Coinbase Prime and Coinbase Wallet.”

Source