SEC Launches Probe Into Coinbase’s Staking Programs, Plus PositivelyDisruptive Companies Under Ayre Ventures

Written by:
Aaron Goldstein
Published on:

One of the CoinBase's long term goals is to become the #1 staking provider. Staking platforms deploy the staked crypto to help verify transactions and boost blockchain security.

This week, the popular cryptocurrency exchange confirmed that its listing process and staking programs are now under review by the U.S. Securities and Exchange Commission (SEC).

The company said it has received investigative subpoenas and requests from the SEC “about certain customer programs, operations, and existing and intended future products”, including its processes for listing assets, the classification of certain listed assets, its staking programs, and its stablecoin and yield-generating products, according to a quarterly filing. 

The SEC had sent a letter back in May asking for information on its listing process.

Positively Disruptive Companies Under Ayre Ventures

In this episode of CoinGeek Conversations, host Charles Miller is joined by Paul Rajchgod, managing editor of Ayre Ventures.

The firm invests in ground-breaking businesses powered by BSV Blockchain, and as Paul explains, they are keen to encourage existing enterprise companies in the growth stage to explore the opportunities offered by BSV.

- Aaron Goldstein, Gambling911.com

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