{"id":23417,"date":"2023-06-06T13:22:16","date_gmt":"2023-06-06T13:22:16","guid":{"rendered":"http:\/\/107251690"},"modified":"2023-06-06T13:22:16","modified_gmt":"2023-06-06T13:22:16","slug":"bitcoin-is-little-changed-after-sec-sues-coinbase-for-acting-as-an-unregistered-broker","status":"publish","type":"post","link":"https:\/\/wp.worldtechguide.net\/bitcoin-is-little-changed-after-sec-sues-coinbase-for-acting-as-an-unregistered-broker\/","title":{"rendered":"Bitcoin is little changed after SEC sues Coinbase for acting as an unregistered broker"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/wp.worldtechguide.net\/wp-content\/uploads\/2023\/06\/bitcoin-is-little-changed-after-sec-sues-coinbase-for-acting-as-an-unregistered-broker.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p><span class=\"HighlightShare-hidden\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-106973715\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California.<\/p>\n<p>Mario Tama | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"waslinkname\">Cryptocurrency prices<\/span> were little changed Tuesday after the Securities and Exchange Commission sued crypto services provider Coinbase.<\/p>\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"SpecialReportArticle-QuoteInBody-2\"><span class=\"waslinkname\">Bitcoin<\/span><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> hovered around $25,608.17, according to Coin Metrics. <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"SpecialReportArticle-QuoteInBody-3\"><span class=\"waslinkname\">Ether<\/span><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> ticked higher by less than 1%, to $1,809.86.<\/p>\n<p>On Tuesday, the SEC <span class=\"waslinkname\">filed a lawsuit<\/span> in New York federal court alleging that Coinbase has been acting as an unregistered broker and exchange. The agency demanded that the company be &#8220;permanently restrained and enjoined&#8221; from continuing to do so.<\/p>\n<p>The complaint listed 13 crypto assets listed on Coinbase that could be considered &#8220;crypto asset securities&#8221; by the regulator, including popular coins <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"SpecialReportArticle-QuoteInBody-5\"><span class=\"waslinkname\">Solana<\/span><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> (SOL) and Polygon&#8217;s <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"SpecialReportArticle-QuoteInBody-6\"><span class=\"waslinkname\">MATIC<\/span><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> token, which fell more than 3% and 5%, respectively, on Tuesday.<\/p>\n<p>The news came one day after the SEC alleged that Binance, the largest crypto exchange in the world by volume, and its co-founder, Changpeng Zhao, violated securities laws. Cryptocurrency prices <span class=\"waslinkname\">fell Monday to their lowest levels<\/span> since March following the complaint against Binance.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images Cryptocurrency prices were little changed Tuesday after the Securities and Exchange Commission sued crypto services provider Coinbase. Bitcoin hovered around $25,608.17, according to Coin Metrics. Ether ticked higher by less &hellip;<\/p>\n","protected":false},"author":1,"featured_media":23418,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"hashtags":[],"_links":{"self":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts\/23417"}],"collection":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/comments?post=23417"}],"version-history":[{"count":0,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts\/23417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/media\/23418"}],"wp:attachment":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/media?parent=23417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/categories?post=23417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/tags?post=23417"},{"taxonomy":"hashtags","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/hashtags?post=23417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}