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SEC Rejects Bitcoin Exchange Coinbase!

source-logo  en.bitcoinsistemi.com 15 December 2023 15:25, UTC

SEC Chairman Gary Gensler announced that they rejected the petition submitted by Coinbase, the largest cryptocurrency exchange in the USA, to establish cryptocurrency rules and regulations.

“I was pleased to support this decision by the SEC for three reasons.

First, existing laws and regulations also apply to crypto securities markets.

Second, the SEC is also addressing crypto securities markets through rulemaking.

Third, it is important for the SEC to maintain discretion in determining its own rulemaking priorities.”

*This is not investment advice.