The US stock exchange and values commission (SEC) has opened an investigation against Exchange Coinbase , in case it unduly allowed Americans to trade with digital assets that should have been recorded as values. The company has asked the control agency to clarify the rules on digital assets.
In 2021 Coinbase already had a first encounter with the SEC due to a product they called Coinbase Lend, also for something related to value titles. To offer a tool of these characteristics, you must have the approval of the SEC.
This initial shock was intensified a few days ago, a former director of the Exchange and two other people were accused of trade with privileged information related to the cryptocurrency market . They were also accused of having generated more than one million dollars in profits.
In recent weeks, in addition to the aforementioned, the SEC has closely watched Coinbase especially after the number of tokens in which operations offers , explains the agency, referring to internal sources on an investigation that is not public.
Reuters states that Coinbase defends itself by arguing that, "there is a huge market without exploit and the United States runs the risk of being behind if the SEC does not participate in a transparent and public regulation process for digital asset values."
It is true that regulators, practically at the level of all countries, need to improve their regulation criteria since they contain innumerable lagoons, in terms of digital assets.
These investigations have caused a fairly important drop in Coinbase, which although about 7% is recovered today, a 20% value has actually been lost in recent days.
