SEC concludes review of Coinbase disclosures after over 2 years, no amendments required

Coinbase’s SEC Review Completes After Two Years with No Modifications Required

On April 16, COINOTAG News reported that the U.S. Securities and Exchange Commission (SEC) has finalized its review of Coinbase’s disclosures. This thorough examination spanned over two years and surprisingly

SEC concludes review of Coinbase disclosures after over 2 years, no amendments required

The Securities and Exchange Commission has concluded its multi-year review of Coinbase’s financial disclosures without requiring any amendments or restatements, according to a letter released by the agency and shared by the exchange’s Chief Legal Officer Paul Grewal.

SEC Has Been Probing Coinbase and Circle USDC Revenue Split for Years

Inquiries about the USDC revenue split between the two companies began in 2023 while Gary Gensler was still head of the SEC, according to correspondence.