SEC Seeks More Time in Coinbase Battle as Crypto Rules Shift
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SEC asked for a 28-day extension in response to Coinbase's appeal
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United States Securities and Exchange Commission requested an additional 28 days to respond to Coinbase’s appeal, moving the deadline from February 14, 2025, to March 14, 2025
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The SEC also highlighted its new crypto task force, recently launched by Acting Chairman Mark T. Uyeda, which is focused on developing the agency’s regulatory framework for crypto assets. The Commission argues that the extension will enable it to formulate a more informed response while aiding in the resolution of the district court case and future appellate proceedings.
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