Coinbase Spokeperson Refutes Claims Of Crypto Delisting Recommendation By SEC: Report
Portfolio Pulse from Jose Rodrigo Safdiye
A spokesperson for Coinbase Global Inc (NASDAQ:COIN) has refuted claims that the SEC had advised the company to delist certain assets prior to a lawsuit. The spokesperson stated that the SEC had not requested Coinbase to delist any specific assets. The SEC has confirmed that it does not ask companies to delist crypto assets. Coinbase and the SEC are currently involved in several legal disputes.
July 31, 2023 | 10:13 pm
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Coinbase refutes claims that the SEC advised it to delist certain assets. This could potentially reduce uncertainty for investors and positively impact the company's stock.
The news that Coinbase was not advised by the SEC to delist certain assets could reduce uncertainty for investors. This could potentially lead to a positive impact on the company's stock as it shows Coinbase's commitment to maintaining its asset offerings and fighting for clearer regulatory guidelines.
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