“While the digital asset industry was born and grew outside of any real scrutiny by the SEC, that appears to have changed,” Tyler Gellasch, executive director of the Healthy Markets Association, told CoinDesk. “It’s an existential threat to crypto exchanges and brokers, because many their current revenue streams are either likely dramatically reduced or outright prohibited in the securities world.”
Coinbase’s 20% Decline Leads Crypto Names Lower Following Report of SEC Probe
