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Coinbase has received a subpoena from US regulatory authorities regarding Bybit.

According to BlockBeats news on November 29th, Coinbase, a cryptocurrency trading platform, has notified some users that it has received a subpoena from US regulators regarding the cryptocurrency trading platform Bybit. The email stated: "You do not need to take any action, but unless a motion or other objection is filed in court opposing the subpoena by November 30, 2023, Coinbase may comply with the subpoena request - including sending information about your Coinbase account to the Commodity Futures Trading Commission."
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The financial system is badly in need of modernization, and Crypto is one of the technologies that can help achieve this goal. Hopefully, the United States will establish regulations and laws regarding Crypto.
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