Coinbase (COIN) & Bitcoin Come Under Pressure Due To SEC Lawsuits

The suit could define how cryptocurrency exchanges in the U.S. can operate moving forward should it go through the full trial process, but that’s likely to take years, notes Nikhilesh De. He and Ed Butowsky notes that crypto companies are under pressure following SEC lawsuits. They talk about how the SEC charges Coinbase (COIN) with acting as an unregistered broker and exchange. They then go over what the SEC's crypto crackdown means for Bitcoin (/BTC). They then highlight the outlook for cryptocurrency investors. Tune in to find out more about the stock market today.