SEC Completes Over Two-Year Review of Coinbase Disclosure, Final Result Unchanged

BlockBeats News, April 16th, according to Cryptoslate, the U.S. Securities and Exchange Commission (SEC) has completed its review of Coinbase's disclosure, which lasted over two years and ultimately resulted in no changes required.

A letter from the SEC shared by Coinbase's Chief Legal Officer Paul Grewal confirmed this news, with the letter stating that the SEC has completed its review of Coinbase's 10-K filings for the year ended December 31, 2022, and for the 2023 fiscal year. The SEC emphasized that the completion of the review does not equate to endorsement or approval of the filings. This review's conclusion marks the formal end of the lengthy comment process that began shortly after Coinbase went public in April 2021.