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The Securities and Exchange Commission denied cryptocurrency giant Coinbase’s petition for new crypto rules, with the two Republican commissioners dissenting. Coinbase had filed the long-shot ...
SEC Denies Coinbase Rulemaking Petition. On Friday, the SEC denied the Coinbase rulemaking petition. SEC Chair Gary Gensler expressed his support for the decision in a statement, saying, ...
Today the SEC denied Coinbase’s petition for rules for crypto. After 18 months of silence, we went to court to get the response the law requires. With appreciation for the Third Circuit, ...
The SEC on Dec. 15 denied cryptocurrency exchange Coinbase Global's petition for the agency to issue rules governing digital assets, with Chairman Gary Gensler reiterating his position that no ...
SEC denies Coinbase’s demand for new crypto rules ahead of 2024 showdown Last Updated: Dec. 15, 2023 at 1:02 p.m. ET First Published: Dec. 15, 2023 at 10:36 a.m. ET Share ...
U.S. crypto exchange Coinbase's petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday.
"Today the SEC denied Coinbase's petition for rules for crypto," Grewal said. "After 18 months of silence, we went to court to get the response the law requires.
As the SEC had never responded to the request for rules, Coinbase took the agency to court in April of this year. Now that the SEC has been compelled to rule on the petition, the exchange can seek ...
Late last year, the SEC denied Coinbase's petition, saying it disagreed that existing securities regulations were "unworkable" for the burgeoning industry. Coinbase has since been pushing back ...
The Securities and Exchange Commission on Friday denied a long-shot petition by Coinbase Global that asked regulators to write special rules for cryptocurrency markets rather than enforce exis ...
Coinbase in 2022 pressed the SEC to create a bespoke set of rules for the crypto sector, which has long said existing U.S. securities laws are inadequate for regulating the nascent industry.
“As Gurbir Grewal, the director of the SEC’s Division of Enforcement, has said, ‘You simply can’t ignore the rules because you don’t like them or because you’d prefer different ones ...