, the world's largest asset manager, which also included a surveillance-sharing agreement with Coinbase.
Cboe had earlier said it expected to reach such an agreement with Coinbase, which attracted roughly half of U.S. dollar-bitcoin trading in May on its platform.for failing to register as an exchange and evading disclosure requirements meant to protect investors, as part of a wider crackdown on crypto intermediaries.
Coinbase said in a letter filed last month in Manhattan federal court that it will ask a judge to toss the SEC lawsuit, arguing the regulator lacks authority to pursue civil claims because the crypto assets trading on its platform are not "investment contracts," and thus not securities.