In the US, targeted crypto legislation ‘could start the ball rolling’
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Coinbase (NASDAQ:COIN) has been tussling with the United States Securities and Exchange Commission (SEC) for over a year, trying to force the agency to provide clear digital asset rules.
When Coinbase’s original petition, filed in July 2022, received no answer, it filed another in the U.S. Court of Appeals for the Third Circuit in April, complaining about the “unreasonable agency delay.” This latest writ of mandamus petition has drawn significant industry support, including from the U.S. Chamber of Commerce (USCC), the largest lobbying group in the United States.