The post SEC Fires Back At Coinbase: Ripple-Like Crackdowns To Continue! appeared first on Coinpedia Fintech News
The battle for clarity in the crypto world is raging on, tensions are rising, and this showdown will be a high-stakes one.
The U.S. Securities and Exchange Commission (SEC) has once again set its sights on a major player, Coinbase, following a similar approach to its previous confrontation with Ripple Labs.
SEC Issues A Response
Coinbase, the largest crypto exchange in the U.S., has found itself in the SEC’s crosshairs, as it continues to call for a clear regulatory framework for the rapidly evolving cryptocurrency industry. In a recent court filing, the SEC has responded to Coinbase’s petition for more lucid rules, suggesting the formulation of such regulations could span years.
Related: Crypto Vs SEC: Will Coinbase’s Petition Triumph Against SEC’s Judicial Scrutiny – Coinpedia Fintech News
Enforcement Actions to Continue
In its response to Coinbase’s plea,
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