Coinbase’s Rulemaking Petition: SEC’s Response Raises More Questions Than Ans...
The legal battle between Coinbase and the Securities and Exchange Commission (SEC) took a significant turn as the SEC made a recommendation related to Coinbase’s rulemaking appeal, a crucial component of their mandamus action. Coinbase’s Chief Legal Officer, Paul Grewal, revealed that the SEC communicated with the Third Circuit regarding Coinbase’s rulemaking petition, shedding light […]
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Coinbase has intensified efforts to force the hand of the United States Securities and Exchange Commission (SEC) on its crypto rulemaking petition. The firm has submitted a formal response to the Third Circuit regarding the SEC’s recent update on its rulemaking request. Coinbase Files For Mandamus Again In Latest Response As earlier reported by Bitcoinist, […]
Coinbase raises important questions about employee activism, plus what the BitMEX indictments say about the future of the industry.
The lawyers representing Terraform Labs and its CEO Do Kwon in the ongoing court case with the US Securities and Exchange Commission (SEC) have pushed against an extradition request of the securities regulator. In a petition submitted on September 27, the defendants are nudging the court to reject the SEC’s request to transport Do Kwon […]
The Ethereum community has voiced its concerns about the legitimacy and functionality of ride sharing app Arcade City in an AMA with its founder, Christopher David. The AMA follows a medium post from one of his previous associates accusing David of being a fraudster that has since been taken down, and the AMA seems to be doing little to address concerns surrounding the fraud accusations, and raises more questions as to the future and legitimacy of Arcade City. Arcade City CEO Fails to Address Community Backlash. The Medium post, an archived version of which can be found here, details....
In response to the IRS announcing how they will treat Bitcoin and virtual currencies for tax purposes a petition to the White House, has been started to get it amended. This is Due to the overly burdensome way miners would have to keep track of earnings and unclear procedures for doing so. The petition has just been started, so it needs lots of signatures to get looked at by the White House and taken seriously. Here is what the petition states. WE PETITION THE OBAMA ADMINISTRATION TO: AMEND IRS NOTICE 2014-2Taxing virtual currency/bitcoin as property stifles new technology & creates....