The SEC Is Raging Against Crypto Exchanges

The headlines haven't disappointed so far this week... Tech giant Apple (AAPL) hit a new all-time high. But then, concerns surrounding its pricey new product caused the stock to take a tumble. Meanwhile, the U.S. Securities and Exchange Commission ("SEC") has been busy in the crypto space – and its set its sights on Binance and Coinbase Global (COIN). So on this episode of Making Money With Matt McCall, Matt dives into all of it. If you're in the mood for one of his rants, this is an episode you won't want to miss.

Matt starts off by discussing the latest action in Apple. But then, he focuses on the biggest news. The SEC has sued Coinbase – the well-known and incredibly popular U.S. cryptocurrency exchange. So what does this mean for the future of cryptos, bitcoin (BTC), and U.S. investing in general? You'll have to tune in to find out.

#crypto #bitcoin #investing

00:00 SEC Filing Against Coinbase
3:07 Apple's Recent Moves
6:35 Apple (AAPL) Stock Pulling Back
7:27 Apple vs. S&P 500 since 2014
8:04 Historic Pullbacks of Apple since 2008
9:01 Impact on Bitcoin From SEC News
11:04 "The rules as to what is a security are not clear."
12:28 Binance Comingled Customer Funds and Company Revenue
14:06 Difference Between Binance and Coinbase Suits
19:31 Hypocrisy of US Government With Crypto Regulation

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