Coinbase CEO Criticizes US for Lack of Crypto Regulation
The CEO of Coinbase has published an article in which he has again criticized the US leadership, which is delaying the legalization of the cryptocurrency market.
The CEO of Coinbase has published an article in which he has again criticized the US leadership, which is delaying the legalization of the cryptocurrency market.
Florida Governor Ron DeSantis has stated that he will be a defender of cryptocurrency if he is elected to the position of President of the United States in 2024.
In a new petition, representatives from Coinbase state that the SEC has already decided to reject its request and that they do not have the right to sue the regulator.
Fred Thiel, CEO of Marathon Digital, has stated that the proposed tax on crypto-currency mining will push the industry towards offshore jurisdictions.
The SEC staff suggests that the trust’s underlying asset, Filecoin (FIL) cryptocurrency, conforms to the definition of an investment contract under federal law.
A judge in the US District Court for the Southern District of New York yesterday denied the SEC motion to seal documents related to a 2018 speech by former Division of Corporation Finance Director Bill Hinman.
The SEC says the commission is not obligated to issue such regulations and Coinbase does not have the standing to sue the agency.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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