📈 Coinbase disputes proprietary trading claims

Cryptoasset exchange Coinbase issued a response to recent claims that it engages in proprietary trading. A recent report from the NY State Attorney General's office stated that almost 20 percent of the trading volume on Coinbase came from the exchange itself. The company claims that it doesn’t trade for its own benefit on a proprietary basis, but instead quotes prices on Coinbase Consumer and then fills the orders through the Coinbase Markets platform.