The SEC will do anything they can to try to take over the regulation of crypto in America. However, they’re falling short, and that’s already been proven. But right now it seems like they’re grabbing for straws by going against the most regulated exchange in the crypto space: Coinbase. Today, I will tell you why Gary Gensler comes up short in more ways than one.
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0:00 Intro
0:28 Brian Armstrong on Coinbase
2:32 Coinbase Sold
3:15 Coinbase in Brazil
4:07 Coinbase Stumbles
5:32 SEC Enforcement
9:25 Attention Brian Armstrong
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.
Sources:
https://cointelegraph.com/news/coinbase-ceo-calls-for-action-in-electing-pro-crypto-lawmakers-following-sec-wells-notice
6 Ethereum Altcoins Targeted By SEC Ahead of Coinbase Wells Notice
SEC’s Coinbase enforcement action deemed a power play by crypto community
https://www.coindesk.com/business/2023/03/23/crypto-exchange-coinbase-shares-tumble-16-after-sec-enforcement-notice/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
https://www.theblock.co/post/222412/coinbase-regulation-brazil-us?utm_source=cryptopanic&utm_medium=rss
https://decrypt.co/124168/white-house-president-economic-report-digital-crypto-assets-report
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