Coinbase has filed an action in federal court to compel the US Securities and Exchange Commission (SEC) to respond to its July 2022 petition regarding the regulation of the crypto industry. Coinbase had requested the SEC to provide clarity by using its formal rulemaking process, which allows agencies to develop regulations with public input and undergo judicial review. Over 1,700 entities and individuals have submitted comments to support Coinbase’s petition. The Administrative Procedure Act requires the SEC to respond to … Continue reading Coinbase Fights for Clear Crypto Regulations, Files Legal Action Against SEC