Posted 11/22/2023, 4:15:32 PM
Coinbase Presses SEC for Crypto Rules After Kraken Action, Citing Need for Regulatory Clarity
- Coinbase cites SEC action against Kraken to renew call for crypto rules
- Filed response saying SEC plan to provide status update on Dec 15 is delay tactic
- Claims only court order will compel SEC to acknowledge Coinbase petition was "pocket-vetoed"
- Points to SEC enforcement action against Kraken as evidence rules needed
- Push comes as reports SEC may approve spot Bitcoin ETF, a major move toward adoption