Odaily Planet Daily News: Cryptocurrency exchange Coinbase declared in a document submitted to the U.S. Court of Appeals on May 31 that the U.S. Securities and Exchange Commission (SEC) will continue to take enforcement regulatory measures against the cryptocurrency industry as much as possible to achieve its goal of "strangling" the industry. Coinbase believes that "the SEC is serious about destroying digital assets" and is constantly working to push the court to force the SEC to begin formulating fair rules for the crypto industry. Despite this, Coinbase believes that the SEC does not seem willing to sit down and formulate clear and fair guidelines. It added: "Giving the agency the opportunity to explain further is meaningless and extremely unworthy." (Cointelegraph)