We learned last night that the U.S. Securities and Exchange Commission served Coinbase with a Wells notice, a prelude to taking enforcement action against the U.S. crypto giant over potential “violations of the federal securities laws.” The company intends to put up a fight, according to its CEO.
Separately, the CEO of TikTok, Shou Zi Chew, is expected to testify in front of Congress this morning. The stakes for the social media service are high. The app has engendered concerns across the U.S. political spectrum, including allegations concerning data security, user privacy and pote
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