Coinbase relata queda de US$ 53,000,000,000 no volume de comércio cripto de varejo e institucional
Top US crypto exchange Coinbase witnessed a staggering $53 billion drop across retail and institutional trading volume in the second quarter of 2023. In a new shareholder letter, the company notes it processed $14 billion in consumer trading volume and $78 billion in institutional volume, for a total of $92 billion. The figure represents a decrease of 36.5% from the previous quarter as Coinbase recorded $145 billion in total volume in Q1 with retail traders accounting for $21 billion and institutions contributing $124 billion. Its also down from the $217 billion in total trading volume Coinbase processed in the second quarter of 2022, a decrease of more than 57%. Coinbase saw diminished trading volumes this quarter amid recent regulatory woes in the US. In June, the Securities and Exchange Commission (SEC) sued the exchange, alleging it was selling unregistered securities. The regulator specifically referred to Cardano (ADA), Solana (SOL) and Polygon (MATIC) as “crypto asset securities.” Coinbase has asked a judge to toss the lawsuit, accusing the SEC of violating due process. Despite the waning trading volumes, Coinbase says Q2 represented a “strong quarter of execution,” citing employee layoffs as a positive development for the company. Disclaimer: As opiniões expressas no The Daily Hodl não são conselhos de