Coinbase surpasses Q2 revenue expectations amidst legal battle with SEC
Coinbase beats Q2 revenue expectations: $707.9 million. The interest income surges to $201.4 million from $32.5 million YoY. SEC sues Coinbase and Binance over unregistered securities trading. Coinbase Global (COIN.O) surpassed Q2 revenue expectations due to increased interest income. Its executives are confident in winning the legal battle with the US securities regulator. In June, … Read more