U.S. Securities and Exchange Commission seal in Washington, D.C. Photo: Diego M. Radzinschi/ALM SEC Denies Coinbase Request for New Regulation on Digital Assets
"As Gurbir Grewal, the director of the SEC's Division of Enforcement, has said, 'You simply can't ignore the rules because you don't like them or because you'd prefer different ones: the consequences for the investing public are far too great,'" SEC Chair Gary Gensler said.
December 15, 2023 at 04:37 PM
3 minute read
Cryptocurrency
The U.S. Securities and Exchange Commission rejected Coinbase Global Inc.'s petition urging the agency to create a new regulatory framework to address the digital asset market.
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