Coinbase (COIN) issued a response on Friday to its initial interlocutory appeal for answers regarding securities question in battle that has lingered with the Securities & Exchange Commission (SEC).
Crypto exchange Coinbase has filed a response to the SEC's comment on its interlocutory appeal request. Coinbase initially requested an interlocutory appeal last month, seeking to know if securities laws appealed to crypto. ETH ETF and FIT21 approval may play a major role in deciding the outcome of the SEC's legal battle with Coinbase .
Also read:US House of Reps passes bill aiming to regulate cryptocurrencies “We’re asking to take this key legal issue up on appeal earlier than normal because it's critical to the crypto industry. Earlier this week the House recognized the need for clear rules, and we’re seeking clarity in the Courts as well,” said Paul Grewal, Chief legal officer at Coinbase.
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