Coinbase calls out SEC’s “Irrational” rulemaking, are DEXs under threat?

Coinbase submitted its third letter to the US Securities and Exchange Commission (SEC) discussing the proposed changes to the definitions. The US’s biggest exchange showed its concern over the regulator’s proposal to expand the definition of “exchange.” Coinbase argues that the commission lacks sufficient data to perform an accurate cost-benefit analysis and instead relies on […] source: https://www.cryptopolitan.com/coinbase-calls-out-sec-irrational-rulemaking/