Coinbase, which lets users buy and sell cryptocurrencies such as Bitcoin, Ethereum and Dogecoin, was founded in 2012 and went public on the Nasdaq in April. The Wall Street Journal reported last week that Coinbase has asked Congress to create a new regulator to oversee crypto assets in the U.S., rather than handing that responsibility to the Securities and Exchange Commission. DOGECOIN Breakdown Online stock trading platform Robinhood (HOOD), for example, last month reported an 80% decline in crypto trading volume.
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