Paradigm files in support of Coinbase in SEC battle, says Gensler has been insincere
against suggestions that there is insufficient clarity and warned crypto firms in April that they need to"comply with American laws."
in the U.S. House of Representatives on Wednesday showcased growing consensus about the need for new rules."Paradigm, and the entrepreneurs it backs, have a strong interest in ensuring that the SEC be held to account for its delay in responding to Coinbase’s rulemaking petition," the VC fund, saying that the delay has left the industry in a state of uncertainty.
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