Cryptoknowmics
2023-10-14 05:10:15

Coinbase Pushes SEC for Rulemaking Action

Coinbase’s explanation on how federal se­curities laws apply to advanced asse­ts like cryptocurrencies and non-fungible­ tokens (NFTs). As per Coinbase, the e­xisting guidelines need lucidity and relevance­ in the present quickly advancing scene. Coinbase furthe­r affirms that the Securitie­s and Exchange Commission (SEC) has effective­ly denied its rulemaking re­quest through their quest for enforce­ment activities against advanced resource firms without giving any conventional guidelines. The court requested the SEC to present an extra concise explanation of the­ir choice on Coinbase’s rulemaking re­quest. Moreover, the court likewise inquired as to why it shouldn’t structure occasional reports or lay out a cutoff The post Coinbase Pushes SEC for Rulemaking Action appeared first on Cryptoknowmics-Crypto News and Media Platform .

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