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SEC's Response to Crypto Clarity Requests Leaves Industry Uncertain.

1 min read
Source: Cointelegraph
SEC's Response to Crypto Clarity Requests Leaves Industry Uncertain.
Photo: Cointelegraph
TL;DR

The US Securities and Exchange Commission (SEC) has requested an additional 120 days to respond to Coinbase's request for regulatory clarity on crypto. The SEC said it has not decided what action to take on the petition in whole or in part and claimed Coinbase's request for a writ of mandamus has "no merit." Coinbase's Chief Legal Officer, Paul Grewal, criticised the SEC's response, saying it ignored clear statements from SEC Chair Gary Gensler that the SEC has "no intent to issue new rules."

Topics:businesscryptocurrency-regulation#coinbase#crypto#cryptocurrency-regulation#regulatory-clarity#rulemaking-request#sec
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  1. SEC asks for more time to respond to Coinbase call for crypto clarity  Cointelegraph
  2. Polygon falls 1.5%, and Binance.US says SEC's asset freeze would end its business: CNBC Crypto World  CNBC Television
  3. SEC responds to Coinbase's second request for action: 'Still no'  Blockworks
  4. Opinion | There might be no such thing as a legal American crypto exchange  The Washington Post
  5. The end of crypto, again  The Manila Times

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