The crypto exchange asked a judge to compel the SEC's answer on whether or not existing rulemaking processes would be extended to the crypto industry.
n on whether it would allow the crypto industry to be regulated using existing SEC frameworks.
The July 2022 petition asked that the SEC "propose and adopt rules to govern the regulation of securities that are offered and traded via digitally native methods," referring to digital assets like cryptocurrencies. The SEC did not offer any specific public response to Coinbase's petition, but in recent months has aggressively ramped up enforcement actions and warnings against crypto exchanges, including Coinbase.
"From the SEC's public statements and enforcement activity in the crypto industry, it seems like the SEC has already made up its mind to deny our petition. But they haven't told the public yet. So the action Coinbase filed today simply asks the court to ask the SEC to share its decision," Coinbase chief legal officer Paul Grewal
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Coinbase sues the SEC to get digital asset-specific ruleThe publicly-traded exchange sued the Securities and Exchange Commission to force the SEC to respond to a petition that the company filed aiming for a rule specific to digital assets.
Les mer »
Celsius auction has Gemini and Coinbase as new bidders: ReportTwo new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York.
Les mer »
Declining Bitcoin-Ether Correlation Could Impact Crypto Investors’ Hedging Strategies: Coinbase.coinbase estimates that another 73,000 ether ($ETH) could be unlocked in partial withdrawals and 822,000 in full withdrawals, following the Shanghai upgrade of the ethereum blockchain, and this could take about 15 days to process. willcanny99 reports.
Les mer »
Coinbase and Gemini Join Bid Race for Celsius Network’s Assets: ReportAn unnamed source disclosed that the new bidders are most likely to win the auction as they are established crypto operators.
Les mer »
SEC wins $2.8M in suit over alleged crypto token price manipulationA suit brought by the SEC alleging market manipulation and unregistered securities sales has ended with Hydrogen Technology and its former CEO Michael Ross Kane agreeing to pay $2.8 million.
Les mer »
Terra's Do Kwon Wants SEC Charges Dismissed, Court Filings Show.stablekwon wants SECGov to drop the civil action against him for lack of jurisdiction. For one, UST is a currency and not a security, Kwon's lawyers say. iamsandali reports.
Les mer »