📢 Cryptocurrency and Blockchain News! 🚀

Coinbase is back in the spotlight! On Monday, September 23, the leading US cryptocurrency exchange called on the Securities and Exchange Commission (SEC) to regulate crypto assets more precisely and transparently.

- In a federal appeals court in Philadelphia, Coinbase argued that the SEC’s current rules make it impossible for crypto companies to operate in the US.

- Coinbase’s attorney, Eugene Scalia, noted that the SEC refuses to provide information on how to register and comply with US laws.

- In response, the SEC’s attorney, Ezekiel Hill, argued that the regulator is not obligated to create new rules specifically for Coinbase.

The judges emphasized the SEC’s cautious approach to rulemaking, but demanded an explanation for why cryptocurrency is not included in them.

💬 What do you think about the current state of crypto regulation in the US? Share your thoughts in the comments!

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