The recent episode of the “Bankless” podcast highlighted the steps Coinbase took towards the diversification of revenue.
The fate of its case against the SEC would have significant ramifications for the crypto industry and beyond.
In a new episode of YouTube’s “Bankless” podcast, Jay, a software developer and independent researcher, and Michael Rinko, a research analyst at Deli Digital, discussed Coinbase’s [COIN] business evolution since its 2021 IPO.
They highlighted Coinbase’s journey from being an early entrant into the crypto space to being a titan in the sector.
A deep dive into Coinbase’s journey
The SEC initiated legal action against Coinbase in June 2023, accusing it of operating as an unregistered securities exchange and breaching U.S. securities laws. The lawsuit also raised concerns about Coinbase’s staking services.
Coinbase pushed back against the SEC’s accusations in its latest filing. It urged the New York District Court to dismiss the SEC’s lawsui
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