U.S. Court Orders SEC to Respond to Coinbase’s Allegations Within 10 Days

SEC Urges Investors to Be Cautious With Crypto Securities

The crypto exchange referred to a 2022 petition asking for formal rulemaking within the digital assets sector, to which the SEC is yet to respond. The 10-day deadline ordered this week refers to the SEC’s requirement to provide a legal basis for why it has not responded to the petition.

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