cryptonews
2023-07-19 18:00:00

Berenberg: Coinbase Earn Faces Significant Regulatory Challenges, Security Classification Risk

Coinbase’s “Earn” program is particularly vulnerable to regulatory action following the recent ruling in the case between Ripple and the US Securities and Exchange Commission (SEC), a report from investment firm Berenberg Capital has warned. In the report, the firm said the risk for Coinbase is that Earn, a program where retail users can stake certain tokens in exchange for rewards, could fall under US securities laws.... Read More: Berenberg: Coinbase Earn Faces Significant Regulatory Challenges, Security Classification Risk

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.