<ul class="news-points"> 
 <li><strong>The Chamber of Digital Commerce (CDC) filed an amicus curiae brief in the SEC vs Coinbase.</strong></li> 
 <li><strong>CDC aims to end the SEC’s attempts to regulate cryptocurrencies without proper legislative authority.</strong></li> 
 <li><strong>CDC argued that the SEC’s aggressive regulatory approach could stifle innovation.</strong></li> 
</ul> 
<p>Leading blockchain trade association Chamber of Digital Commerce (CDC) recently made a significant move in the ongoing legal battle between the <a href="https://coinedition.com/tag/sec/" rel="noopener noreferrer nofollow">Securities and Exchange Commission (SEC)</a> and Coinbase.&nbsp;</p> 
<p>The association took to X on Friday to announce that it has filed an amicus curiae brief in the case between the U.S. regulatory the crypto exchange. CDC stated it aimed to put an end to the SEC’s attempts to regulate cryptocurrencies without proper legislative authority.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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   <p lang="en" dir="ltr">We're stepping in. We've filed an amicus curiae brief in the <a href="https://twitter.com/SECGov?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@SECgov</a> v. <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Coinbase</a> case. Our goal? To end the SEC’s attempt to regulate the <a href="https://twitter.com/hashtag/digitalasset?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#digitalasset</a> industry WITHOUT legislative authority: <a href="https://t.co/NZyIBgkbag" target="_blank" rel="noopener noreferrer nofollow">https://t.co/NZyIBgkbag</a> <a href="https://t.co/MGvZdPC3kp" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/MGvZdPC3kp</a></p>— Chamber of Digital Commerce (@DigitalChamber) <a href="https://twitter.com/DigitalChamber/status/1690124050566348800?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 11, 2023</a> 
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<p>Additionally, CDC noted that its primary concern is that the <a href="https://coinedition.com/coinbases-lawyer-addresses-secs-wells-notice-a-massive-overreach/" rel="noopener noreferrer nofollow">SEC’s aggressive regulatory approach</a> could sti…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/chamber-of-digital-commerce-joins-coinbase-in-legal-battle-against-sec/">Chamber of Digital Commerce Joins Coinbase in Legal Battle Against SEC</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Chamber of Digital Commerce Joins Coinbase in Legal Battle Against SEC

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