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23.05 - 15:03
Coinbase warns crypto users may not be protected in the event of bankruptcy
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fnlondon.comCryptocurrency trading platforms might look and feel like regular brokerage apps to everyday users, but regulators have long warned they lack the oversight and investor protections that are built into traditional financial services.
Coinbase Global acknowledged that reality this week. In its quarterly filings, the crypto trading firm suggested that the digital tokens it holds for its users might not really belong to them if push comes to shove.
“Because...
Read more on fnlondon.comAbout this in other media
Coinbase introduces crypto to Fortune 500 while FTX CEO featured in TIME 100 cointelegraph.com /2 years ago
Christine Lagarde says crypto is worth nothing cnbc.com /2 years ago
Why USD Coin [USDC] may not yet be ready to overtake Tether [USDT] ambcrypto.com /2 years ago
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