US-based Coinbase backed away from the previous statement that they got greenlight for the acquisition of the broker-dealer companies in the USA.
Early this week the company announced that US regulatory authorities approved the purchase of Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC, which would expand Coinbase business after obtaining broker license from SEC.
At the same time, the company made an opposite statement on Tuesday. The company representative noted:
"It is not correct to say that the SEC and FINRA approved Coinbase’s purchase of Keystone because SEC was not involved in the approval process...The SEC’s approval is not required for the change of control application".
It was also mentioned that the company held informal talks with some SEC members regarding "aspects of the proposed operations, including the acquisition of the Keystone Entity".
Coinbase still strives to expand business and do not give up plans to become a certified broker company in the USA.
For now, the exchange supports trading of Bitcoin, Bitcoin Cash, Ethereum and Litecoin.