The post Coinbase Battles SEC: Seeks Crucial Answer That Could Transform Crypto appeared first on Coinpedia Fintech News
Crypto exchange Coinbase filed a response to the SEC’s comments on its interlocutory appeal request. Coinbase is asking the SEC to clarify whether digital asset transactions without obligations on the original issuer, qualify as investment contracts under SEC regulations.
Coinbase Filed a Savvy Response
On May 24, Coinbase filed a memorandum supporting its appeal against a specific ruling in an ongoing case with the SEC. This document responds to the SEC’s opposition to Coinbase’s initial appeal request.
Coinbase initially filed the appeal on April 12, contesting a March 27 ruling that the SEC had sufficient grounds to claim that Coinbase’s staking program was an unregistered securities offering.
We just filed our reply in our request to file an interlocutory appeal with the 2nd Circuit. Unlike @SECGov, @coinbase’s position remains the same:
We współpracy z: https://coinpedia.org/news/coinbase-battles-sec-seeks-crucial-answer-that-could-transform-crypto/
