Coinbase Tells Appeals Court It Seeks Regulatory Clarity From SEC

Coinbase Global addressed a federal appeals court Monday (Sept. 23), aiming to force the Securities and Exchange Commission (SEC) to create new rules for digital assets. The cryptocurrency exchange sued the SEC last year after the regulator denied its petition for a new rulemaking, seeking to compel it to do so, Reuters reported Monday. Coinbase Global wanted the SEC to provide clarity on when a digital asset is a security and to create a market structure framework compatible with cryptocurrencies, while th ...