📢 SEC is looking closely at Bitcoin ETF applications! 😮 Is Coinbase sufficient in detecting fraud and manipulation? Here are the details:
- SEC, Bitcoin ETF applications contain incomplete information and explanations.
- Applications must indicate the name of the exchanges for the custody sharing agreement (SSA).
- SSA was deemed important for the approval of Bitcoin ETF.
- Applicants cited Coinbase for surveillance and re-applied.
- However, is Coinbase the right choice? Maybe not.
- Coinbase has 2.5% of daily trading volume worldwide.
- SEC will look at whether Coinbase should be considered a regulated marketplace.
👇 Do you think Coinbase is the right choice? Let's discuss in the comments!#BitcoinETF#Coinbase #SEC