Coinbase vs. SEC: Regulator Delays as Crypto Rules Continue to Evolve
The SEC has requested a 28-day extension to respond to Coinbase’s appeal, citing ongoing regulatory considerations.
This follows a previous extension and aligns with the agency’s evolving stance on crypto under Acting Chairman Mark T. Uyeda. With Coinbase’s consent, the SEC argues the delay won’t impact the case. Meanwhile, Uyeda has launched a Crypto Task Force, signaling a shift toward a more crypto-friendly regulatory approach.
Recent leadership changes, including the reassignment of a key SEC litigator, suggest a potential softening of enforcement actions against the industry.
Clever Robot News Desk 17th February 2025
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