Posted 10/15/2023, 6:45:58 PM
Coinbase Petitions SEC for Crypto Rules After Lawsuit Over Lack of Regulatory Clarity
- Coinbase petitions SEC to respond to rulemaking request within 30 days after lack of clarity
- Coinbase says SEC sued them for not registering without writing rules on when registration is required
- SEC granted delay when asked to clarify crypto regulations, argued no new decisions made
- Coinbase faces "unprecedented catch-22" - SEC demands registration but won't write registration rules
- Coinbase wants SEC to articulate how securities laws apply to digital assets after bringing enforcement action
