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Coinbase, Tarred as an Illicit Exchange by the SEC, Quietly Got Regulated Elsewhere in the U.S.

The firm’s new futures commission merchant status at the CFTC may undermine the other U.S. markets regulator – the SEC – and bolster the case for ether as a commodity.

By Jesse Hamilton, Helene Braun|Edited by Nick Baker

Updated Aug 18, 2023, 8:45 a.m. Published Aug 17, 2023, 3:20 p.m.

Coinbase Inc. quietly cleared a major hurdle for getting regulated in the U.S., though it's not with the Securities and Exchange Commission. (CoinDesk)