Coinbase sues the SEC for answer on rule specific to digital assets
The U.S. crypto giant is taking the markets regulatory agency to court in order to force the SEC to respond to a petition that the company filed back in July 2022, aiming for a rule specific to digital assets.
The suit filed by Coinbase is a writ of mandamus, a type of lawsuit for "exceptional circumstances" in which a court can force federal officials to act.
And to add to the fun, Cathie Wood’s Ark Invest purchased nearly $8.6 million of Coinbase stock yesterday, the same day of the filing. Not sure if this is betting on a win, or purely accidental.
Not just coinbase.
XRP Lawsuit: The SEC Underestimated Ripple, Asserts Law Professor — Here’s Why
Why?
He also said he expects whatever outcome to be appealed up to SCOTUS.
The real relationships between Coinbase and Blackrock would be interesting - then how those intersect with the agencies.
We assume this is a real fight, but Coinbase have been given time and warning to relocate their... base.
This is funny
Coinbase CEO Says Exchange Would No Longer Exit US amid Regulatory Scrutiny
https://www.coinspeaker.com/coinbase-ceo-exchange-scrutiny/
why?
erm... that's not the same as a HQ in USA.
As if all the regulatory issues were not enough, Coinbase goes all woketard - with the expected backlash.
Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange
Taking their cue from the ADL shows who their masters are.
Hate on Display™, lmao, why trademark it?
and... no sign of the WHO or WEF for their genocidal policies, nor the myriad anti-human corps.