Coinbase Drops Most Since July as SEC Cracks Down on Crypto Staking

(Bloomberg) -- Coinbase Global Inc.’s shares fell the most in more than six months after rival Kraken was forced to stop providing an investment service also offered by the largest US cryptocurrency exchange.Most Read from BloombergCommodity Trader Trafigura Faces $577 Million Loss After Uncovering Nickel FraudRussia Blames US for Nord Stream Blasts, Threatens ConsequencesChina’s Balloon Was Capable of Spying on Communications, US SaysChinese Balloon Was Part of Years-Long Spying Program, US Say