Coinbase Continues Fight for Regulatory Clarity Amidst SEC Standoff

US courts have recently been abuzz with participants from escalating crypto lawsuits. Coinbase, determined for victory, aims to secure legal regulations favorable to cryptocurrencies through the judicial pathway. These ongoing battles will undoubtedly shape the future legal standards for digital currencies. Crypto Says No A resounding ‘no’ to regulations, legal advisories, guidance, and anything to do with crypto is what the SEC has been doing for a while now. The SEC responded to Coinbase following a court’s demand for clarity, giving the Commission a seven-day period to reply. The regulatory body expressed the need for the “mandamus petition to be dismissed.” A mandamus forces a government body into action to fulfill its obligations. SEC lawyers stated, “The Commission has not yet decided what, if any, action it will take on this petition in whole or in part – which considering the broadness of the rulemaking petition and its submission only […] The post Coinbase Continues Fight for Regulatory Clarity Amidst SEC Standoff appeared first on COINTURK NEWS.