The US Securities and Exchange Commission has asked a judge to reject Coinbase’s request to compel the commission to respond to a rule-making petition that asked for clearer crypto regulation guidelines.
In a court filing Monday, the SEC said it is not mandated to meet the requirements outlined by Coinbase outlined in the petition, while also arguing that the firm has called for a complex set of reforms and rule-making in an unreasonably short amount of time….
Read More: SEC to Judge: Deny Coinbase’s Call for Cryptocurrency Rule Explanation