The American cryptocurrency exchange Coinbase faced off with the U.S. Securities and Exchange Commission (SEC) in a federal appeals court on Monday (Sep. 23) over crypto regulations. This back-and-forth started when Coinbase filed a lawsuit against the SEC in 2023. The company asked them to act on its 2022 petition which requested the Commission to “propose and adopt rules to govern the regulation of securities that are offered and traded via digitally native methods, including potential rules to identify which digital assets are securities.” The petition was then denied by the SEC in December of 2023, with the crypto exchange asking, on Monday, a federal appeals court to overturn that denial. Three-judge appeals court heard arguments from Coinbase and US SEC According to Reuters, Eugene Scalia who is a lawyer for Coinbase, told the three-judge appeals court that the SEC had been arbitrary and capricious in not giving Coinbase more answers on how to register with the agency and comply with U.S.

BING NEWS:
  • Court tells SEC to lay out why it has declined Coinbase's request for crypto regulations
    A federal appeals court says the U.S. Securities and Exchange Commission needs to better explain why it turned down a request from Coinbase to develop regulations to cover the booming crypto asset sec ...
    01/14/2025 - 4:58 am | View Link
  • Crypto Clarity Ahead? US Court Sides with Coinbase in Dispute With SEC
    Coinbase wins a partial victory against the SEC as a court orders the agency to justify its denial of crypto rulemaking clarity.
    01/13/2025 - 9:39 pm | View Link
  • Coinbase’s Crypto Regulation Fight Gets Boost as Court Slams SEC as ‘Arbitrary and Capricious’
    Coinbase triumphs in a pivotal legal battle with the SEC. The court grants a writ of mandamus in favor of Coinbase’s 2022 petition. SEC’s denial ...
    01/13/2025 - 8:33 pm | View Link
  • Court orders SEC to revisit Coinbase petition on crypto
    A federal appellate court on Monday ordered the Securities and Exchange Commission to revisit its decision not to write new rules for when digital assets fall under its authority. Why it matters: The ...
    01/13/2025 - 10:59 am | View Link
  • U.S. Judges Demand SEC 'Explain Itself' for Rebuffing Requests for Crypto Rules
    In another 11th-hour court loss for Chair Gary Gensler's tenure, judges in a Coinbase case again call the SEC's crypto position "arbitrary and capricious." ...
    01/13/2025 - 7:45 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News