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Crypto update: Coinbase, ECB, Blockchain Australia and FTX

Photo: Dan Kitwood/Getty Images

European Central Bank experts slam crypto, exchanges blast the SEC, and FTX sues its former COO.

The ongoing spat between Coinbase and the SEC dominated last week’s crypto headlines, with Coinbase responding “[The SEC’s position is] untenable as a matter of law, and its assertion through this enforcement action offends due process and the constitutional separation of powers.” But several other key stories emerged.

ECB skepticism