Coinbase rejects U.S. regulator's claim it broke rules on crypto

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Coinbase rejects U.S. regulator's claim it broke rules on crypto
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Coinbase Global has reiterated its view to the U.S. Securities and Exchange Commission that it has not broken any securities laws in its formal response to a legal threat received from the regulator, the firm said on Thursday.

A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration//File Photohas reiterated its view to the U.S. Securities and Exchange Commission that it has not broken any securities laws in its formal response to a legal threat received from the regulator, the firm said on Thursday.

An SEC spokesperson declined to comment, noting the agency does not acknowledge the existence or non-existence of investigations.

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