Crypto News: The U.S. Top financial watchdog, Securities and Exchange Commission (SEC) on Tuesday filed its response to Coinbase’s writ of mandamus seeking clarity on Crypto regulations. It seems that the commission is in no mood to deliver a much need logical regulations any time soon.
Also Read: Hinman Emails Depicts SEC Fovoured Ethereum Over Other Cryptos
SEC Seeks 4 Additional Months To Reply
As per the court filing, the U.S. SEC stated that it has not decided what action needed to take on the rulemaking petition. It added that the order refers to enforcement actions and statements by the SEC Chair, however, it does not demonstrate a decision to reject the exchange’s rulemaking petition. The commission has asked for additional 120 days to reply to the crypto clarity request.
Paul Grewal, Chief Legal Officer of Coinbase mentioned that the U.S. SEC repeated the fallacy that they haven’t decided to take any action to serve new crypto rules. The commission has completely refused
We współpracy z: https://coingape.com/sec-coinbase-crypto-rules-news/
