Coinbase, the largest US cryptocurrency exchange, has filed a lawsuit with the US Securities and Exchange Commission (SEC).
Coinbase General Counsel Paul Grewal In a blog post shared on April 24, the exchange’s response to the SEC’s stance on the regulation of the cryptocurrency market. to bring clarity in order to force you sued announced.
According to the information given, the subject of the lawsuit was Coinbase’s last year. July in total submitted to the SEC in the month from 50 questions formed and essentially a part of the regulatory rules on the crypto money market. sharpness to be brought requesting of the petition persistently left unanswered it happened. Coinbase, Administrative Procedure Laws under its petition, the SEC forced to answer.
In a statement, the SEC from the statements and available from their attitudes As it is understood, in response to the demand of the stock market not to give or to refuse that they have already decided but not yet public opinion aware of this situation they didn’t expressed. The General Counsel, through the court opened, to put an end stated their aim.
On the other hand, in the statement, Coinbase with regulators their business when there are related litigation never underestimate but is now a regulator to the cryptocurrency ecosystem. clarity is needed specified. In any dialogue scenario on the subject, Coinbase always accessible He emphasized that he would.
The related petition was filed by the SEC last month. Ishan Wahi in the file improvements It came up again after that.
CEO of Coinbase Brian Armstrong a year-long discussion with the SEC in recent weeks. to legal fight but they are ready legal clarity And a fair regulatory approach for this struggle they won’t hesitate had expressed.