Coinbase, the U.S.-based cryptocurrency exchange, is reportedly facing a probe from the Securities and Exchange Commission (SEC) over the listing of several crypto assets on its platform. The investigation, according to three people with ostensible knowledge of the matter, is examining whether the exchange has been listing assets that can be classified as unregistered securities.
Coinbase Reportedly Under SEC Scrutiny
Coinbase, a leading U.S.-based cryptocurrency exchange, is reportedly facing increased scrutiny from the SEC due to the expansion of the number of tokens listed on its platform. According to three people “familiar with the matter,” the SEC will be investigating whether the exchange has allowed American customers to trade cryptocurrency assets that can be considered unregistered securities.
The reported investigation was established at an earlier