SEC dismisses civil enforcement action against Coinbase
As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to adjust to the shift. Catch up on this week’s top stories highlighting the intersection of these old guard and new school areas of finance with this recap compiled by The Fly.
SEC DISMISSES CIVIL ENFORCEMENT ACTION AGAINST COINBASE: The Securities and Exchange Commission announced Thursday that the Commission has filed a joint stipulation with Coinbase (COIN) and Coinbase Global to dismiss the ongoing civil enforcement action against the two entities. On January 21, the Commission announced the formation of the Crypto Task Force, which is dedicated to helping develop a comprehensive and clear…
