The Financial Conduct Authority has blocked Binance's chosen isim approver and added 221 firms to its warnings list since a new crypto marketing regime took effect on Oct. 8.
Coinbase argues in a new filing that the Securities and Exchange Commission is attempting to control all investment activity and define its own regulatory ambit.
The development comes as interest in spot bitcoin exchange-traded funds increases and follows a probe into the JPEX exchange for operating without a license.