Coinbase Appeals SEC’s Denial Of Rulemaking Petition
The crypto exchange is appealing the SEC’s denial of its 2022 rulemaking petition, seeking clear digital asset regulations in court. The ongoing Coinbase vs. SEC lawsuit has intensified in a federal appeals court in Philadelphia, with the leading U.S. crypto exchange contesting the regulator’s refusal to establish new rules for digital assets. This hearing marks another […]
SEC Pauses Coinbase Lawsuit Discovery To Post Elections Date
US SEC v Coinbase lawsuit pauses unexpectedly as agency requests discovery deadline extension until February, post-elections. The U.S. Securities and Exchange Commission (SEC) v. Coinbase lawsuit has seen an unexpected delay, as the SEC requested additional time for the discovery process. The agency is asking the court to extend the deadline for completing fact discovery […]
Coinbase Files Closing Brief in SEC Rulemaking Denial Lawsuit
Coinbase’s closing brief in the Third Circuit challenges the US SEC’s denial of the CEX’s Web3 regulation petition. Coinbase, a prominent cryptocurrency exchange, has filed its closing brief in a legal action challenging the Securities and Exchange Commission (SEC). The legal dispute revolves around the SEC’s rejection of Coinbase’s rulemaking petition, which the exchange contends is […]
Brian Armstrong Applauds Clear Crypto Regulation House Victory
Coinbase CEO Brian Armstrong hails the House’s passage of FIT21, a critical step toward unambiguous crypto regulation. The Financial Innovation and Technology for the 21st Century Act (FIT21) was enacted by the House of Representatives, a key step toward cryptocurrency regulation. Brian Armstrong, CEO of Coinbase, lauded this triumph and emphasized the need for sensible […]
Coinbase Stands Firm as SEC Case Advances, Wallet Claims Dropped
In a legal showdown with the SEC, Coinbase remains steadfast as the court allows the case to proceed, yet drops claims against the Coinbase Wallet, signaling a nuanced victory for the crypto exchange. In a pivotal legal development, US District Judge Katherine Failla has ruled in favor of the SEC’s right to continue its case against prominent […]