Third Circuit Keeps SEC Enforcement Door Open as Coinbase Rulemaking Bid Fails
Court Slaps Coinbase, Keeps SEC Enforcement Door Open The Third Circuit refused to force the SEC into rulemaking, leaving Coinbase’s petition for a digital-asset rule stranded and the agency’s case-by-case enforcement powers intact. The decision keeps regulatory uncertainty alive for crypto exchanges and traders who had hoped a formal framework would replace enforcement actions. Coinbase…
