Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules

2024-8-13 07:57

Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization

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Coinbase Chief Legal Officer Slams SEC’s ‘Flawed’ Plan For Exchange Registration

Coinbase has taken a defiant stance against the US Securities and Exchange Commission’s proposed definition change. In a bold move, Paul Grewal, the company’s chief legal officer, has accused the regulator of preemptively imposing its authority and basing its proposed rules on unsubstantiated assumptions about cryptocurrency jurisdiction.

2023-6-15 11:32