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court orders sec to justify denial of crypto rules for coinbase

A court has ordered the SEC to clarify its denial of Coinbase's request for crypto-specific regulations, labeling the decision as “arbitrary and capricious.” While the ruling mandates a more detailed explanation, it does not compel the SEC to create new rules. Coinbase has accused the SEC of undermining the cryptocurrency industry through inconsistent regulatory demands.
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Regulatory & Legal, News Article
17:23 14.01.2025
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