US SEC Denies Coinbase Petition Seeking New Crypto Rules for Digital Assets Sector

US SEC Denies Coinbase Petition Seeking New Crypto Rules for Digital Assets Sector

The US Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency for the digital asset sector, which the country’s largest crypto exchange said it plans to challenge in court. The five-member commission, in a 3-2 vote, said it would not propose…