US cryptocurrency exchange Coinbase claims that the SEC insists not to impose new rules on the cryptocurrency industry.
In the letter sent by Coinbase to the US appeals court yesterday, “Only a decision taken by this court can take action by the Commission.” He stated that the information the SEC recently shared “does not provide any additional information about the process.”
Coinbase is concerned about the SEC’s preparation of new rules for cryptocurrencies and the industry’s guidance He filed a petition in July 2022 and sued the Commission in April this year.
In the letter sent to the court by the Coinbase team, the SEC explains this process: “to delay” It was claimed that it continued.
SEC lawyers sent a letter to the court on November 21, stating that the process was in the hands of the Commission. in accordance with the normal flow He said he was progressing.