Coinbase, one of the world’s biggest cryptocurrency exchanges seeks to register with SEC as a licensed brokerage and digital trading in a bid for commercial expansion.
Considering how many people believe that cryptocurrency is a crime facilitator, it’s easy to see why cryptocurrency trading would be craving a little legitimacy to try and advance the market. With this in mind, it is easy to see why Coinbase took a step back in that direction by applying for registration with the Securities and Exchange Commission (SEC) as a licensed brokerage firm.
Although it is believed that SEC is about to formulate guidelines for exchanges and other crypto-related businesses, Coinbase is not ready to play hide and seek game with
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https://bitzamp.com/coinbase-seeks-to-become-a-regulated-brokerage-company/
