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Coinbase blasts SEC for ‘no straight answers’ following court order

Published 06/19/2023, 01:09 AM
Updated 06/19/2023, 02:40 AM
© Reuters
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Coinbase (NASDAQ:COIN) has slammed the United States securities regulator for failing to answer questions asked in the U.S. Court of Appeals as part of its ongoing legal battle with the regulator.

In a June 17 letter filed in the Court, lawyers for the crypto exchange accosted the Securities Exchange Commission for continuing to offer “no straight answers” to the Court in relation to Coinbase’s rulemaking petition, which calls on the SEC to establish a regulatory framework for digital assets.

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Latest comments

I hate the SEC as much as the next guy but congress is supposed to be the one making the regulatory framework. SEC just wants it to be illegal
put the pressure on the sec. they need to clarify everything
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