The SEC is separately suing two major cryptocurrency platforms, Binance and Coinbase. The lawsuits are another significant move toward regulating the entire crypto industry. The SEC said that Binance and Coinbase were both trading assets that should have been registered as securities.
WSJ’s Caitlin Ostroff breaks down the lawsuits and their potential impact on the crypto industry.
0:00 SEC files lawsuits against two major exchanges
2:36 What this means for crypto
#SEC #Crypto #WSJ