Category: US Crypto Laws

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Coinbase files court action to compel SEC’s response to rulemaking petition

Coinbase is looking to force the United States Securities and Exchange Commission to respond to its rulemaking petition seeking rules for the crypto industry, a request that’s been pending since July. Coinbase has filed a narrow action in a United States federal court seeking to compel the Securities and Exchange Commission to provide a “yes…
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US Financial Stability Oversight Council identifies stablecoins and cryptos as threats to financial system

“The Council recommends that state and federal regulators review available regulations and tools that could be applied to digital assets,” says the FSOC. In an annual report published on Friday, the United States Financial Stability Oversight Council, or FSOC, voiced its concern over the adoption of stablecoins and other digital assets.  Regarding stablecoins, the FSOC…
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