Coinbase VP Hints At Other Countries Filling 'Crypto' Vacuum Left By US

The U.S. Securities and Exchange Commission’s (SEC) Wells notice to crypto exchange Coinbase worsened the investor sentiment on the country’s crypto ecosystem. That the notice came even after the exchange’s claims of multiple requests for comprehensive crypto regulation and clarity on laws shows the widening gap between crypto players and the regulators. Meanwhile, the ongoing banking crisis came as an advantage to the crypto market, which went bullish with the failure of the Silicon Valley Bank and Signature Bank.