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Working for Elon Musk: Ex-Employees Reveal His Management Strategy - WSJThe Securities and Exchange Commission charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange. The Securities and Exchange Commission today charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered. Does the SEC regulate crypto? Yes and no. It all depends on whether the given cryptocurrency or exchange is deemed to be a security or dealing in securities.