SEC denies Coinbase Petition

Posted on 12/15/2023

The petition requesting the the U.S. Securities and Exchange Commission provide more clarification on the crypto asset universe was denied.  Coinbase plans to challenge. The commission voted 3-2 to deny. The SEC believes that current regulations should be sufficient. SEC Chair Gary Gensler said: “Existing laws and regulations apply to the crypto securities markets.” Coinbase…

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