Coinbase, a crypto exchange, claims that the company never needed the endoresment by the US SEC to acquire three organizations. The SEC’s approval Coinbase received this week.
The company explains that confusion could arise due to the fact that Coinbase discussed some its work aspects with several members of SEC. However, Coinbase can change control application without SEC approval. The acquisition of firms will help Coinbase to become a broker dealer and to sell its coins.
Earlier, Coinbase said about its plans to make the acquisitions simultaneously with Circle Internet Financial Ltd. platform which also want to be a broker dealer and want to received a license.