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SEC asked Coinbase to stop trading in cryptocurrencies other than bitcoin prior to suing – FT

© Reuters. FILE PHOTO: A smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration

(Reuters) – The U.S. Securities and Exchange Commission (SEC) had asked Coinbase (NASDAQ:) to stop trading in all cryptocurrencies other than bitcoin prior to suing cryptocurrency platform in June, the Financial Times reported on Monday, citing Chief Executive Brian Armstrong.

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This article was written by Follow Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment...