Coinbase’s “Earn” program is particularly vulnerable to regulatory action following the recent ruling in the case between Ripple and the US Securities and Exchange Commission (SEC), a report from investment firm Berenberg Capital has warned.
In the report, the firm said the risk for Coinbase is that Earn, a program where retail users can stake certain tokens in exchange for rewards, could fall under US securities laws….
Read More: Berenberg: Coinbase Earn Faces Significant Regulatory Challenges, Security Classification Risk

 

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