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SEC responds to Coinbase’s second request for clarity: ‘Still no’

The SEC has responded to Coinbase after a court requested clarity from the commission and gave them a seven-day deadline.

“Coinbase erroneously contends that the Commission’s enforcement of existing legal requirements, as well as certain statements by the Commission’s Chair regarding the application of existing statutes and regulations to crypto assets that are securities, constitute a sub silentio decision to deny Coinbase’s rulemaking petition.”

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crypto, regulation, policy, sec, coinbase