The US court has given the US Securities and Exchange Commission (SEC) 7 days to respond to Coinbase’s request for regulatory clarity.
US Court of Appeals for the Third Circuit June 6 At the hearing held on to the SEC Ordered for Coinbase. According to the lawsuit, the SEC’s stances on the regulation of the cryptocurrency market by Coinbase to bring clarity to the demand to respond for 7 days has duration.
Coinbase, SEC to the industry about a legislation on publishing persistently clear a stance not to display a response petition and the petition not answered over sued the regulator.
SEC’s Coinbase unregistered brokerage firm (broker) activities about showing case in the trench a short time According to the court’s decision published later, the SEC 7 days in Coinbase reject your request whether you intend will refuse whereas the reasons or a hoping to decide date 7 days have to explain in
Coinbase Chief Legal Officer Paul Grewal social media account overto the SEC’s demands to answer lawsuits, as it has recently filed against Coinbase and other companies. that you can’t open claimed to believe.
Also, institutions from sanctions before rule making At this point, he stated that he should go his way criticized.
Grewal April 24 On his official social media account, he shared the SEC on their stance on the regulation of the cryptocurrency market. to bring clarity in order to force you sued had announced.
