Home Finance SEC Requires Denial of Coinbase Petition for Looming Crypto Guidelines

SEC Requires Denial of Coinbase Petition for Looming Crypto Guidelines

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SEC Requires Denial of Coinbase Petition for Looming Crypto Guidelines

The U.S. Securities Change Fee (SEC) has lastly given a proper response in courtroom to Coinbase’s request for clear crypto regulation, saying any rulemaking can take years and enforcement motion will proceed within the meantime.

In keeping with courtroom paperwork deposit on Might 15, the SEC argued that it was not certain by Coinbase’s (NASDAQ:) necessities outlined in its petition, whereas claiming that the corporate had known as for a posh set of reforms and creating guidelines in an unreasonably quick time. period of time.

Excerpt from SEC response to Coinbase petition. Supply: courtroom auditor

Proceed studying on Coin Telegraph

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