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Ethereum World News
2023-05-04 13:49:01

SEC Ordered To Reply Coinbase Petition Over Clearer Crypto Rules In 10 Days

SEC Ordered To Reply Coinbase Petition Over Clearer Crypto Rules In 10 Days

Summary: The U.S. Securities and Exchange Commission was ordered to respond to a complaint from crypto exchange Coinbase within the next 10 days, a court ruled on Wednesday. Coinbase filed a lawsuit to force the watchdog to clarify how it interprets and applies securities laws to the cryptocurrency industry. The ruling is the latest development in an ongoing showdown between crypto businesses in the U.S. and financial watchdogs. On Wednesday, a U.S. court ordered the Securities and Exchange Commission to

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