Victory

Bitcoin

Spot

<ul class="news-points"> 
 <li>The recent actions of the U.S. Securities and Exchange Commission have made it unpopular in crypto circles.</li> 
 <li>Crypto advocate and lawyer John Deaton criticized the agency’s lawsuit against crypto exchange Coinbase.</li> 
 <li>Former SEC official John Reed Starks says the agency will not approve a Bitcoin Spot ETF.</li> 
</ul> 
The crypto community might be tired of the ongoing regulatory onslaught against crypto institutions by the U.S. <a href="https://coinedition.com/tag/sec/" rel="noopener noreferrer nofollow">Securities and Exchange Commission</a>. Notably, the SEC’s recent lawsuit against crypto exchange Coinbase seems to be drawing dislike from all quarters. 
In a Twitter post, crypto advocate and lawyer John Deaton referred to the agency as “arrogant” and “drunk off power.” According to Deaton, these recent acts of government agencies may lead to “less power and influence.” He made this comment in reaction to a post about the lawsuit between Coinbase and the SEC. 
Weeks back, Coinbase <a href="https://coinedition.com/coinbase-reveals-secs-request-pro-xrp-lawyers-warning-comes-true/" rel="noopener noreferrer nofollow">revealed</a> the regulator had instructed it to delist all tokens save for Bitcoin or face legal actions. Amidst the ongoing lawsuit against it by the regulator, Coinbase has drawn support from unexpected corners. 
Recently, six securities law scholars <a href="https://coinedition.com/chamber-of-digital-commerce-joins-coinbase-in-legal-battle-against-sec/" rel="noopener noreferrer nofollow">filed Amic…</a> 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/sec-becoming-unpopular-in-crypto-circles-since-xrp-victory/">SEC Becoming Unpopular in Crypto Circles Since XRP Victory</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

SEC Becoming Unpopular in Crypto Circles Since XRP Victory

Coin Edition

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