ALLOWING COINBASE TO GO PUBLIC WAS NOT A BLESSING FROM REGULATORS — SEC

Allowing Coinbase to go public was not a blessing from regulators — SEC. nor does, nor does it provide a verification that the business is regulatory compliant., The Securities and Exchange Commission (SEC) is dropping its case against crypto exchange Binance, The United States Securities and Exchange Commission (SEC) has argued in court that approving a firm s-1 application to go public does not represent a blessing from the agency, The SEC s lawsuit against Coinbase has some wondering why the securities regulator allowed the company to go public in the first place. But the SEC doesn t truly approve a direct listing, but rather whether the company has fulfilled certain requirements to do so, industry watchers said., two people familiar with the inquiry said, In the wake of the Securities and Exchange Commission (SEC) s lawsuit against Coinbase, Allowing Coinbase to go public was not a blessing from regulators SEC The SEC argued that just because it approves an S-1 filing from a company does not mean the firm is not operating or will not operate in violation of the law. The United States Securities and Exchange Commission (SEC) has argued in court that approving a firm s-1 application to go public does not represent, with opening bids for shares climbing to over 400., and has hired the law firm Davis Polk Wardwell to assist with its response., as the agency continues to pull back on enforcement against the digital asset industry under Presi, many are wondering why the crypto exchange was allowed to go public if it was offering unregistered securities. Coinbase went public in April of 2025, Coinbase has been in touch with the S.E.C. over the course of this year..