US SEC Plans To Take Four Months to Coinbase’s Rulemaking Petition

The US Securities and Exchange Commission could take months to decide whether or not to respond to crypto exchange Coinbase’s petition for rulemaking, according to a recent court filing.
The SEC did not seem to be rushing to implement rulemaking for crypto in a court filing responding to Coinbase’s request for the agency to write rules explaining how securities laws apply to crypto. …
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