By CryptoNews - 10 months ago - Reading Time: 1 minutes
Coinbase CEO Reveals SEC's Request to Suspend Trading in Non-Bitcoin Cryptocurrencies
Coinbase CEO Brian Armstrong has revealed that the US Securities and Exchange Commission (SEC) requested the company to suspend trading in all cryptocurrencies except for Bitcoin (BTC) before initiating legal action against the exchange.In a recent interview with the Financial Times, Armstrong shared that the SEC explicitly advised Coinbase to delist all of its more than 200 tokens, with the exception of Bitcoin, stating that every other asset was a security. ...
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Original source: CryptoNews