bigger rival, binance, and its billionaire creator. samira hussain has more from new york. in these latest charges, the sec said coinbase acted as a broker exchange and clearing agency for broker exchange and clearing auen y ., , , ., ., agency for investments that are sub ect to agency for investments that are subject to sec agency for investments that are subject to sec rules. agency for investments that are subject to sec rules. but - agency for investments that are subject to sec rules. but they i subject to sec rules. but they did so without properly registering, and that, they said, allows the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise, as a publicly traded companies and disclosed in march that the sec had notified it that these charges may be coming. in response, coinbase said liberals are not clear. they testified on capitol hill that the chief legal officer said it try to get new rule
more now from new york with samira hussain. in these latest charges, the sec said coinbase acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded companyit disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time, we have had over 30 engagements with the sec to try to work towards a sensible framework for regulation that would allow, for example, the registration of platforms as either broker dealers or atss, or a national securi
more from new york now. in more from new york now. in these latest charges, the sec said coin base acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded company are disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time. no response from the sec. since that time. we no response from the sec. since that time, we have no response from the sec. since that time, we have had - no response from the sec. since that time, we hav
a full separation of our economies would be economically disastrous for both of our countries and for the world. we seek a healthy economic relationship with china that benefits both countries over time. her comments come ahead of a potential meeting between presidentjoe biden and xijinping next week. since the leaders of the world s two most powerful nations last met in bali, a lot has changed despite us restrictions on high tech products over the last few months, us china relations have actually improved. both sides are keen to find more ways to cooperate on economic issues. translation: thank you, madam secretary, for your remarks. - it would give me great pleasure to meet with you again in the beautiful city of san francisco. it is less than four months since we last met in beijing and we had in depth discussions on topics of mutual interest. the efforts of these two superpowers to stabilise their relationship comes against an increasingly complicated backdrop a sputt
economic tsar, mr he. the united states economic tsar, mr he. the united states has - economic tsar, mr he. the united states has no - economic tsar, mr he. tie: united states has no desire economic tsar, mr he. tte: united states has no desire to decouple from china. a full separation of our economies would be economically disastrous for both of our countries and for the world. we seek a healthy economic relationship with china that benefits both countries over time. . ., , . ., benefits both countries over time. , ., ., time. her comments come ahead of a potential time. her comments come ahead of a potential meeting time. her comments come ahead of a potential meeting between l of a potential meeting between presidentjoe biden and xi jinping next week. since the leaders of the world s two most powerful nations last met in bali, a lot has changed despite us restrictions on high tech products of the last few months, us china relations have actually improved. both sides a