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June 07, 2023

🏛️SEC Charges Coinbase With Running Unregistered Securities Exchange

The Defiant

DeFi Alpha

GM Defiers!

The SEC has charged Coinbase with operating in the U.S. without the necessary approvals, potentially impacting the regulation of digital assets. Optimism deployed its Bedrock upgrade, enhancing its Layer 2 technology stack. Aave has proposed the deployment of its GHO stablecoin on Ethereum, which could intensify competition in DeFi borrowing markets. Meanwhile, Centrifuge has launched Prime, a platform enabling DAOs to manage real-world asset portfolios, further bridging traditional and blockchain finance.

✍️ In today’s newsletter:

  • SEC hits Coinbase with lawsuit a day after Binance
  • Optimism successfully completes Bedrock upgrade
  • Aave's GHO stablecoin could launch imminently
  • Centrifuge launches Prime investment platform for DAOs
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🎬 WATCH

Watch our video on the SEC going after Binance and Coinbase. And check out our podcast with Steven Goldfeder, the founder of Offchain Labs.


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