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COIN Coinbase Global Inc

212.25
1.05 (0.50%)
After Hours
Last Updated: 23:50:24
Delayed by 15 minutes
Share Name Share Symbol Market Type
Coinbase Global Inc NASDAQ:COIN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.05 0.50% 212.25 212.00 212.40 213.8497 205.11 210.22 4,619,302 23:50:24

Trending: Coinbase CEO Says Company Battle With SEC Is Existential for Industry

31/07/2023 7:29pm

Dow Jones News


Coinbase Global (NASDAQ:COIN)
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1351 ET -- Coinbase Group is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Coinbase Chief Executive Brian Armstrong sees his company's legal battle with the Securities and Exchange Commission as existential for the U.S. cryptocurrency industry after he says the regulator recommended the crypto exchange delist all tokens other than Bitcoin. Armstrong told the Financial Times the SEC made the request before it sued the company for operating as an unregistered securities exchange, broker and clearing agency. "They came back to us, and they said ... we believe every asset other than Bitcoin is a security," Armstrong said. "And, we said, well how are you coming to that conclusion, because that's not our interpretation of the law. And they said, we're not going to explain it to you, you need to delist every asset other than Bitcoin." Dow Jones & Co. owns Factiva. (matthew.walker@dowjones.com)

 

(END) Dow Jones Newswires

July 31, 2023 14:14 ET (18:14 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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