Coinbase Sues SEC Over Rulemaking

[Swordsmyth]

Coinbase announced on Monday it has filed a petition to force the US Securities and Exchange Commission to take action on a month’s old petition which seeks to make the SEC clarify whether it will allow the industry to be regulated under existing SEC frameworks. The move is sure to escalate tensions between the cryptocurrency giant and the financial regulator, which has lately been amping up enforcement actions and warnings against prominent members of the cryptocurrency community.

More at: https://www.thefinancialtrends.com/2023/04/25/coinbase-sues-sec-over-rulemaking/