Coinbase (NASDAQ:COIN)'s chief fair officer says the United States Securities and Trade Commission has overstepped its boundaries in suing the alternate — this came rapidly after the firm published it would file an pronounce to push apart the SEC's lawsuit. Meanwhile, the Financial institution of Canada (BoC) reported a decline in the ownership of Bitcoin and cryptocurrencies in the country in 2022, as neither market stipulations nor regulations sided in favor of Canadian crypto investors, per a BoC uncover about.
The Securities and Trade Commision has “violated due process” in suing Coinbase, per the alternate’s fair counsel.
Canadian crypto ownership declines amid tight regulations, falling prices
Coinbase to file pronounce in quest of dismissal of SEC lawsuit