Third Circuit Denies Coinbase Bid for Timely Crypto Rules, SEC Maintains Enforcement-First Path
Court Slams Coinbase Appeal, Leaves SEC Door Open Coinbase lost its bid to force the SEC into crypto rulemaking, and the ruling quietly strengthens the agency’s power to pick its targets. The Third Circuit’s decision means the exchange’s “right to petition” claim failed, so the SEC keeps its discretionary freedom to regulate or not regulate…
