Coinbase, the leading US cryptocurrency exchange, has filed an amicus brief in the SEC v. Wahi insider trading case, requesting that the court dismiss the lawsuit. Coinbase’s Petition for Rules on Digital Asset Securities Coinbase argued that the US Securities and Exchange Commission (SEC) needs to prioritize developing proper rules and guidance related to securities instead of focusing on misguided securities lawsuits. Paul Grewal, Coinbase’s Chief Legal Officer, explained in a tweet that the exchange does not list securities. However, Coinbase petitioned the SEC to create rules on digital asset securities last year as existing rules do not apply to The post Coinbase Urges Court to Dismiss SEC v. Wahi Lawsuit appeared first on Cryptoknowmics-Crypto News and Media Platform .
