The US Chamber of Commerce has come out in support of Coinbase, blasting the SEC for failing to regulate digital assets and intentionally creating “chaos” for crypto firms in the United States.
from the SEC in March concerning the exchange’s “potential violation” of U.S. securities law.
Directly addressing this point, the Chamber of Commerce claimed that SEC’s “refusal” to respond to Coinbase or “otherwise engage in any rulemaking” isn’t just harmful, they are in fact, unlawful. The Chamber of Commerce also called out the financial regulator for failing to provide a clear answer to the question of which, if any, of theCoinbase legal chief sends letter to SEC on RIA rulemaking
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The US Chamber of Commerce is taking the SEC to task over digital assetsThe influential business group is wading into a legal fight around a petition for digital asset rulemaking, calls out ambiguity around ether.
Read more »
Mobile Chamber announces 240 jobs coming to Mobile CountyThis is all thanks to two new manufacturing companies coming to Mobile County
Read more »
Grayscale worried the SEC may ban it from using CoinbaseGrayscale CEO Michael Sonnenshein is worried the SEC might require the company to provide its own custody for its clients' funds.
Read more »
Big Ten, SEC visits on deck for four-star Jeremiah Beasley - Rivals.com
Read more »
Grayscale is worried the SEC may drive up costs for crypto custodiansGrayscale CEO Michael Sonnenshein is worried the SEC might impose new rules on the crypto industry that would make it more expensive and inefficient to custody assets for clients.
Read more »