Coinbase Is Facing an ‘Existential Risk’ as SEC Reins In Crypto

Coinbase Is Facing an ‘Existential Risk’ as SEC Reins In Crypto

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2023-05-05

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Summary：(Bloomberg) -- When Coinbase Global Inc. became the first US crypto exchange to go public, the Nasdaq debut was seen as a sign the freewheeling industry was joining the financial mainstream with the blessing of US regulators.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPacWest Is Weighing Strategic Options, Including Possible SaleBank Dra

(Bloomberg) -- When Coinbase Global Inc. became the first US crypto exchange to go public, the Nasdaq debut was seen as a sign the freewheeling industry was joining the financial mainstream with the blessing of US regulators.Most Read from BloombergZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallChina Takes the Yuan Global in Bid to Repel a Weaponized DollarPacWest Is Weighing Strategic Options, Including Possible SaleBank Dra

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