Coinbase official refutes proprietary trading

Coinbase official refutes proprietary trading

The Coinbase crypto exchange expressed that it did not indulge in proprietary trading since the New York Attorney General disclosed in a report that nearly 20% of transactions were attributable to the company. The Chief Policy Officer of the exchange, Mike Lempres expressed that the company “does not engage in proprietary trading,” and added that the company does not trade for its benefit.

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