Coinbase scores partial win as court demands SEC to clarify crypto regulation
- The US Court of Appeals for the Third Circuit affirmed that the SEC must explain why it denied Coinbase’s petition.
- Coinbase petitioned the agency to clarify how securities laws apply to cryptocurrencies.
- The court added that it will not mandate the SEC to implement new rules for crypto assets.
In a statement on Monday, the US Court of Appeals for the Third Circuit mandated the Securities & Exchange Commission (SEC) to comply with Coinbase’s petition regarding crypto regulations.
Coinbase secures court approval for SEC to clarify crypto regulations
The US Court of Appeals for the Third Circuit ordered the SEC to respond to Coinbase’s petition concerning cryptocurrency regulations. The SEC had previously…
