SEC's Response to Crypto Clarity Requests Leaves Industry Uncertain.
TL;DR Summary
The US Securities and Exchange Commission (SEC) has requested an additional 120 days to respond to Coinbase's request for regulatory clarity on crypto. The SEC said it has not decided what action to take on the petition in whole or in part and claimed Coinbase's request for a writ of mandamus has "no merit." Coinbase's Chief Legal Officer, Paul Grewal, criticised the SEC's response, saying it ignored clear statements from SEC Chair Gary Gensler that the SEC has "no intent to issue new rules."
- SEC asks for more time to respond to Coinbase call for crypto clarity Cointelegraph
- Polygon falls 1.5%, and Binance.US says SEC's asset freeze would end its business: CNBC Crypto World CNBC Television
- SEC responds to Coinbase's second request for action: 'Still no' Blockworks
- Opinion | There might be no such thing as a legal American crypto exchange The Washington Post
- The end of crypto, again The Manila Times
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