SEC Resists Providing Clarity
Posted on 06/16/2023
The SEC said in a court filing it should not have to provide information that will help its opponent Coinbase to operate legally. Coinbase again complained via Twitter that the SEC is not providing clear information or a regulatory framework to allow it to operate legally. Certain individuals and institutions are already on board even without accounting rules, including the unofficial face of Bitcoin, Michael Saylor. Saylor says Bitcoin could account for 80% of the cryptocurrency market after the matter with the SEC is resolved. Saylor is the co-founder and Chairman of MicroStrategy, which provides business, mobile, and cloud services.
