Coinbase has contested the SEC's rejection of its rulemaking petition, highlighting the absence of robust reasoning in the SEC's decision-making process. The dispute underscores the necessity for clear regulatory guidelines and authorized jurisdiction before expanding regulatory oversight to emerging sectors such as the cryptocurrency market. The verdict by the Third Circuit is poised to have significant repercussions on digital asset regulation and the fostering of innovation within the industry.
Coinbase Challenges SEC's Denial of Rulemaking Petition (Summary)
by Giorgi Kostiuk
2 years ago
0
Other news
Meme Coin Market Experiences Notable Drop.
The meme coin market has experienced a substantial downturn, with the Meme Coin Index showing a significant drop in value over the past year.
Ethereum Foundation to Unveil zkVM Architecture Whitepaper
The Ethereum Foundation is set to release a whitepaper detailing the requirements for the zero-knowledge virtual machine (zkVM) architecture.
Ethereum Sees Surge in AI Agent Registrations
Ethereum has seen a significant influx of AI agents, with 13,000 registered in one day, marking a step towards building a foundation for autonomous AI systems.
Ethereum Aims to Lead AI Development with Innovative Solutions
Ethereum is positioning itself as a key player in blockchain and AI, aiming to become the default network for AI development through innovative solutions like zero-knowledge privacy payments.
Waymo Sets Ambitious Goal for Paid Rides
Waymo, the autonomous cab service owned by Alphabet, aims to achieve one million paid rides per week by the end of 2026.
Alphabet's Stock Experiences Volatility Amid Waymo Developments
Alphabet's stock has seen fluctuations due to Waymo's updates and a recent bond sale for AI funding.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter