The post Coin Base’s Closing Brief Against SEC’s Denial For Rulemaking appeared first on Coinpedia Fintech News
Coinbase has taken a strong stance against the SEC as it filed its closing brief in the Third Circuit. The core issue was a single sentence in the SEC’s court order which disagreed with Coinbase’s claim that its current rules are unworkable for crypto companies. Coinbase argues that this lack of reasoning and detail is enough to dismiss the entire case. It has further accused the SEC of choking the digital asset industry and claims that anything less than a court order for rulemaking will only allow the SEC to continue its attack on the industry
