The Securities and Exchange Commission makes a surprising move to support the crypto space On Wednesday, Coinbase Global (COIN.O) revealed it had gained approval to offer cryptocurrency futures to retail customers in the U.S. This is a major regulatory win for the online crypto service as it fights a Securities and Exchange Commission (SEC) lawsuit.
Tag: coinbase
Coinbase to try to get SEC lawsuit dismissed
The cryptocurrency exchange believes the regulator is conducting a witch hunt Coinbase Chief Legal Officer Paul Grewal said the company would seek to dismiss the lawsuit filed by the Securities and Exchange Commission (SEC), asserting that the crypto exchange never sold securities as alleged. Coinbase plans to file an order seeking dismissal of the SEC
Coinbase might add Bitcoin’s Lightning Network to enhance payments
The crypto exchange believes the Lightning Network might help it speed up transactions In order to enable faster cryptocurrency payments, Coinbase is planning to integrate Bitcoin’s Lightning Network. CEO Brian Armstrong commented that Coinbase backs the efforts to facilitate Bitcoin payments via the Lightning Network. Armstrong was commenting in response to a tweet by former
Coinbase accuses SEC of unlawful attack against the cryptocurrency industry
The SEC can’t regulate digital assets as securities unless it defines them as securities Coinbase, the leading cryptocurrency exchange in the US, plans to seek a judge’s dismissal of a lawsuit filed by the Securities and Exchange Commission (SEC). The lawsuit accuses Coinbase of breaching the law due to its failure to register its transactions.
The SEC says it can’t yet respond to Coinbase’s request for cryptocurrency clarification
Some crypto insiders believe the securities watchdog is only stalling and doesn’t have an answer Despite recently going on the attack against cryptocurrency companies, the Securities and Exchange Commission (SEC) apparently doesn’t have a solid reason why. Coinbase had requested more guidance and clarity on the principles of the SEC’s new asset class laws via