Coinbase, the largest cryptocurrency exchange in the US, is facing multiple controversies and challenges. The platform has been accused of demanding exorbitant fees for listing certain cryptocurrencies, contradicting their claim of offering free listings. The high costs of listing on Coinbase are seen as a barrier for smaller projects, limiting diversity and innovation in the market. Additionally, Coinbase has faced backlash for referring to the meme coin Pepe as a "hate symbol," causing many in the community to express disappointment and even close their Coinbase accounts. Moreover, the Securities and Exchange Commission (SEC) has charged Coinbase with operating as an unregistered national securities exchange, broker, and clearing agency, alleging that it has facilitated billions of dollars in crypto asset securities transactions without necessary registration. The outcome of this legal battle could have significant implications for Coinbase and the wider cryptocurrency industry in the US.



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