Coinbase News: Coinbase, the U.S. biggest crypto exchange on Monday filed a lawsuit against top financial regulators Securities and Exchange Commission (SEC). As the crypto exchange takes the legal route to seek regulatory clarity, Its CEO minted an NFT and called the community to “Stand With Crypto”.
Coinbase New Campaign To Seek Regulatory Clarity
Brian Armstrong, Coinbase CEO in a Tweet mentioned that just minted Stand with Crypto. The minted NFT is launched as a symbol of unity among the crypto community which is seeking a clear and sensible crypto policy. As of now, 11,247 NFTs have been minted in the support of the exchange’s launched initiative.
As per details, the NFT is featuring a blue shield that represents a cumulative stand to protect and promote the crypto industry. The “Stand With Crypto” is reportedly an open mint NFT holdings with no utility or value.
Coinbase highlighted that all proceeds associated with the “Stand With Crypto” NFT collection launched via ZORA will be donated to vetted organizations. However, this will be done through a crypto advocacy round.
Coingape reported that the US’s biggest crypto exchange has filled a lawsuit against the SEC.
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