The team breaks down the news this week involving Coinbase & the SEC. Further, they discuss multiple tokens being delisted from exchanges and how this has impacted the market.
Key Takeaways
- The SEC sued Coinbase, one day after suing Binance. Two distinct lawsuits.
- Altcoins crash after delistings from certain platforms. Chilling effect in effect.
- Bank of China’s investment arm issued tokenised notes on Ethereum. Adoption continues amid a chaotic week.
- CommBank restricts withdrawals to crypt exchanges, citing security concerns.