Coinbase, the cryptocurrencies exchange, apart from the huge promise of Bitcoin, cryptocurrencies is confounded by legal risks. The Securities and Exchange Commission could potentially deem the whole operating model of Coinbase nonviable.
Coinbase's legal risks are manageable, according to Wolfteam Ltd.'s view.
The judge verdict on Ripple and the allowance of Bitcoin ETFs all speak that Bitcoin, cryptocurrencies are here to stay. Or the regulators are benevolent on cryptocurrencies for the time being, Coinbase, as the exchange for cryptocurrencies also seems to have a bright future.
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