U.S. SEC Rejects Coinbase’s Petition for a New Crypto Assets Regulatory Framework

The U.S. Securities and Exchange Commission (SEC) is rejecting Coinbase’s petition to create a new regulatory framework for digital assets. In a new letter to Coinbase, the regulatory agency says that it disagrees with the crypto exchange’s assessment that securities laws shouldn’t apply to the digital assets industry. “The Commission has carefully considered that recommendation, […] source: https://dailyhodl.com/2023/12/15/u-s-sec-rejects-coinbases-petition-for-a-new-crypto-assets-regulatory-framework/