Sec vs Coinbase

Coinbase Slams SEC for “Oppressive” Approach to Crypto

Over the last year, the US Securities and Exchange Commission (SEC) has been scrutinized for its antagonistic activities against the cryptocurrency industry, raising concerns about its jurisdiction over the asset class. Last July, cryptocurrency exchange Coinbase petitioned the EU to build a specific regulatory framework for the industry. However, the SEC rejected the plan, calling it ‘unwarranted’ and claiming that current securities regulations were adequate for regulating cryptocurrency holdings.

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