![]() Past performance does not guarantee future results. Trading cryptocurrencies is not supervised by any EU regulatory framework. Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money. CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. Each investment is unique and involves unique risks. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. We may receive financial compensation from these third parties. Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. ![]() Coinbase believes that the SEC is misguided, arguing that there has been lack of clarity about these products. In an interview, Gary Gensler likened this to a situation where New York Exchange (NYSE) and Nasdaq started offering their exchanges. Precisely, it argued that the exchange was selling unregistered securities in its platform.Īt the same time, the SEC alleged that the company was providing brokerage and clearinghouse solutions in its platform. ![]() The SEC alleged that the company is offering some illegal products in the US. Implications of the SEC lawsuitĪfter years of investigations, the SEC filed a major lawsuit against Coinbase last week. Some investors believe that this lawsuit will have a negative implication on the company’s revenue while others, like Cathie Wood, expect it to rebound. The shares are hovering at $50, where they have been after the lawsuit. Coinbase stock price has move sideways in the past few days as investors assess the impact of last week’s lawsuit by the Securities and Exchange Commission (SEC). ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |