U.S. Court Tells SEC to Respond to Coinbase's Rulemaking Petition Within a Week

2023-6-7 09:18

A U.S. judge has ordered the SEC to respond to Coinbase’s rulemaking petition or explain why it shouldn’t.

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Coinbase has lodged a court petition requesting that the SEC respond to a rulemaking petition the firm had submitted in 2022.

Coinbase, a cryptocurrency exchange, has taken a proactive approach by filing an Administrative Procedure Act challenge against the U. S. Securities and Exchange Commission (SEC). In this filing, Coinbase requests that the Third Circuit Court of Appeals compel the SEC to provide clarity regarding how current securities laws could apply to digital assets.

2023-4-25 16:09