Similar Stories to Coinbase And Us Sec Clash In Appeals Court About Crypto Rule Making on Bing News

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:
  • Coinbase challenges SEC in court over cryptocurrency regulations
    Coinbase and the U.S. Securities and Exchange Commission (SEC) clashed in a Philadelphia federal appeals court on Monday as the cryptocurrency exchange pushed the regulator to establish specific rules ...
    09/24/2024 - 3:00 am | View Link
  • Court Presses SEC for Clarity on Coinbase Crypto Rule Petition
    A US appeals court criticizes the SEC's vacuous rejection of Coinbase’s crypto rulemaking petition, demanding tangible reasoning.
    09/24/2024 - 2:28 am | View Link
  • Coinbase Appeals SEC’s Denial of Crypto Regulations, Continues Legal Battle
    Coinbase and the SEC are fighting in federal appeals court as the crypto exchange disputes the SEC’s authority over cryptocurrency. Coinbase has filed an appeal ...
    09/24/2024 - 1:08 am | View Link
  • Coinbase Locks Horns with US SEC in Court Over Crypto Rulemaking
    A lawyer for the SEC argued that the agency was not required to create a new rule for the sector, and that existing regulations should suffice.
    09/23/2024 - 8:22 pm | View Link
  • Coinbase, SEC Face Off in a Federal Appeals Over Crypto Regulatory Clarity
    Coinbase sued the SEC last year, demanding rules that clarify standards for determining when cryptos are securities.
    09/23/2024 - 7:58 pm | View Link
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