US: Coinbase Says It Never Needed SEC Approval to List Security Tokens

TNW

Earlier this week, leading cryptocurrency exchange desk Coinbaseannounced it had gotten a stamp of approval from the US Securities and Exchange Commission (SEC) to close a trio of acquisitions that could allow the company to trade security tokens. But the exchange is now walking back its statements. Coinbase spokeswoman Rachael Horowitz has come forward to clarify the company never got an approval from the regulatory agency to proceed with the buyout of Keystone Capital, Venovate Marketplace, and Digital Wealth.

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