Coinbase takes legal action against SEC over crypto regulations.
TL;DR
Coinbase has filed a lawsuit against the SEC, asking the regulator to publicly share its answer to a petition from July 2022 on whether the crypto industry can be regulated using existing SEC frameworks. The SEC has not offered a specific public response to Coinbase's petition, but has ramped up enforcement actions and warnings against crypto exchanges in recent months. Coinbase's move comes a little over a month after it was warned by the SEC of pending legal action through a Wells notice.
Topics:businesscryptocurrency#coinbase#cryptocurrency#digital-assets#enforcement-actions#regulation#sec
- Coinbase sues SEC after months of silence from federal regulator CNBC
- Coinbase Asks Court to Force SEC to Clarify Crypto Regulations Decrypt
- New Coinbase court challenge adds to mounting legal battle: ‘We’re absolutely convinced the SEC is violating the law’ Fortune
- Coinbase files court action to compel SEC’s response to rulemaking petition Cointelegraph
- Coinbase Is Taking the SEC to Court in the Latest Salvo in Crypto's Legal Wars Barron's
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