Coinbase CLO Paul Grewal criticized a minimalistic legal filing from the U.S. Securities and Exchange Commission (SEC) on Jan. 30.
Grewal wrote in a post on X:
“Below is the administrative record of [the SEC’s] decision rejecting our petition for digital assets rules. See for yourself whether it’s even close to complete or sufficient to justify their decision.”
Coinbase originally submitted a petition for rulemaking in June 2022. There, it requested that the SEC set out clearer rules for the crypto industry.
The SEC rejected the request on Dec. 15, 2023, disagreeing with Coinbase that the existing securities regulations around crypto are insufficient.
The SEC’s latest filing, dated Jan. 24, is a record of documents leading up to its December decision. The linked documents largely include comments from individuals outside of the SEC and notices of meetings between the SEC and Coinbase. Neither document type explains the SEC’s stance on the matter, and all are presented witho
We współpracy z: https://cryptoslate.com/coinbase-clo-slams-secs-barebones-response-in-rulemaking-petition-case/
