Coinbase Gets SEC Notice on Intent to Sue Over Offerings

The video discusses the impact of regulatory actions on Coinbase and the broader crypto market. Following a 10% market drop, Coinbase is preparing for a legal battle with the SEC, which has intensified its regulatory efforts post-FTX collapse. The SEC views most crypto coins as securities and demands trading platforms be registered. This has led to digital asset firms considering other jurisdictions. The US crackdown on crypto is significant, with ongoing consequences for the sector.

In what ways are digital asset firms responding to the regulatory environment in the US?

What are the potential consequences of the SEC's crackdown on crypto?