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<ul><li>Coinbase sues SEC, FDIC for crypto regulation documents, citing restricted banking access.</li><li>SEC, FDIC denied Coinbase&#39;s FOIA requests, leading to transparency lawsuits.</li><li>Coinbase seeks clarity on SEC actions amid 200,000&#43; FOIA request backlog.</li></ul>According to a Fox Business <a href="https://x.com/EleanorTerrett/status/1806297449268379889" rel="noopener noreferrer nofollow">report</a>, Coinbase, the largest cryptocurrency exchange in the U.S., has launched a new legal offensive against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) to obtain documents related to their crypto regulation approaches. The lawsuits, filed Thursday in a Washington, D.C., district court, seek access to internal records that Coinbase alleges will reveal a &#34;deliberate and concerted effort&#34; by financial regulators to restrict crypto firms&#39; access to the federal banking system.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeZAqxpr-m3bqYvrmG7lJPVo1CPlTXsY6YyDRe_DblR0SqGJqOxeqfwPk3qFz0jppN0uISw8H3N9G68AqZ2Qpni1vFh314O-tWawpeMaaqlzkW2Em0GVtYhNFeo87udx3cq79zwC298opTMTkmmc7ncC42E?key&#61;vO-V8x7iRKThg2pxqFivqQ" />According to Coinbase, financial regulators, including the SEC, FDIC, and the Federal Reserve Board, have employed various tools to undermine the digital asset industry. A Coinbase spokeswoman emphasized the need for transparency from federal agencies in a statement to FOX Business.<a href="https://cryptotale.org/coinbase-files-lawsuits-against-sec-and-fdic-for-crypto-regulation-documents/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Coinbase Files Lawsuits Against SEC and FDIC for Crypto Regulation Documents

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Alte articole publicate pe 28 iun. 2024

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