Coinbase stock down 14% as US SEC cracks down on crypto staking

Coinbase (NASDAQ: COIN) share price dropped by 14%, the most it has dropped by since July 2022 when the exchange faced a probe by the US SEC for its cryptocurrency listing. Yesterday’s plunge was after the Kraken exchange agreed to pay $30 million for issuing unregistered securities. The stock closed at $59.63 on Thursday down −9.81 […]