Coinbase submitted a letter to the SEC yet again, stating that regulating DEXs in the same way as a central exchange is impossible. Exchanges are defined in the SEC's most recent regulatory proposal as any technology that merely connects prospective buyers and sellers.
Hong Kong legislator Jonny Ng has made a groundbreaking announcement by inviting Coinbase to come to Hong Kong and apply for compliance as well as discuss stock listing plans.
SEC sued Coinbase, alleging that the exchange is operating illegally as it has failed to first register with the regulator.
Coinbase, Robinhood, and representatives from the United States commodities regulator are set to provide testimony before Congress regarding a newly proposed crypto bill.
Coinbase Derivatives Exchange will introduce Bitcoin (BTC) and Ethereum (ETH) futures contracts for institutional investors.
Once more, and this time within seven days, Coinbase has requested a response from the SEC.
Coinbase Chief Legal Officer Paul Grewal said that the filing might be the first time SEC has explained its views on whether the SEC should create rules for the crypto industry.Â
The SEC has come under fire for its regulatory approach from Coinbase and the cryptocurrency industry, with the support of the U.S. Chamber of Commerce.
The former product manager of Coinbase was given a two-year prison term for insider trading by American authorities.
Paul Grewal wrote that the proposed SEC rulemaking does not adequately protect other asset classes, such as cryptocurrency.
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