Coinbase Vs SEC: Exchange Appeals SEC’s Denial Of Rulemaking Petition

Quick Summary:

Coinbase vs SEC lawsuit has seen a renewed clash in a federal appeals court in Philadelphia, as the leading U.S.crypto exchange challenges the regulator’s refusal to establish new rules for digital assets.

The SEC denied Coinbase’s petition in December 2023, asserting that current regulations are sufficient and disagreeing with the idea that new rules are necessary.

Coinbase contends that this stance has left the crypto market in regulatory uncertainty, making compliance difficult for companies operating in the U.S.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: Coinbase Coinbase vs SEC 24/7 Cryptocurrency News Paul Grewal Regulation News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 21:17:52 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 192 words

Reading Time: 2 minutes read

Sentences: 35 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22671538

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Main Topics: Crypto

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News Last Updated: 10 hours ago

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