
Why did Coinbase petition the SEC?
Coinbase, a major cryptocurrency exchange, recently submitted a petition to the SEC, seeking clarity on the regulatory framework for digital assets. The move was aimed at addressing concerns over the lack of clear guidelines in the crypto industry.


Why did the SEC deny Coinbase global a petition?
Could you please explain in detail why the SEC rejected Coinbase Global's petition? What specific factors or reasons did the regulatory body cite in its decision? How does this decision impact the crypto industry and Coinbase's operations globally? Is there any hope for Coinbase to appeal or reapply in the future? Would you say this is a setback for the crypto market or just a temporary hurdle for Coinbase?
