The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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.