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"Why should the Supreme Court look into this?" asked the bench, composed of Chief Justice of India D.Y. Chandrachud and Justices J.B. Pardiwala and Manoj Mishra, according to the Bar and Bench report. However, according to the order, India's top court gave Wig the "liberty to move the appropriate court
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The Indian Supreme Court declined to consider a Public Interest Litigation (PIL) that aimed to establish regulations and a framework of guidelines for cryptocurrency trading in India.According to a report, the bench headed by the Chief Justice of India (CJI), after listening to the plea, remarked that the petitioner’s demands
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Coinbase has doubled down on its push for a court order compelling the U.S. Securities and Exchange Commission to act on the firm’s crypto rulemaking petition. Coinbase wants a mandamus issued within 30 days to compel the SEC to give an official answer on whether it will accept or deny
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A petition was created on Change.org on Sept. 12 to oppose the use of Chainalysis forensic services by federal agencies. The petition questioned Chainalysis’ accuracy and raised legal issues related to the activities of the blockchain data analysis firm. The petition, started by “Stop Chainalysis,” stated that Chainalysis’ software assists crime
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The Eighth Judicial District Court of Nevada has granted a petition from the state’s Financial Institutions Division (NFID) placing crypto custodian Prime Trust into receivership, pending a hearing to show cause. In a July 14 filing, the Nevada court ordered the appointment of a receiver for Prime Trust following a June
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase is moving to gain an advantage in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The crypto exchange has responded to the commission’s request for an additional 120 days to reply to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Last week, the US Court of Appeals for the Third Circuit ordered the US Securities and Exchange Commission (SEC) to respond to Coinbase’s request for clarifying the rulemaking. According to documents shared by the exchange’s chief legal
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"Regardless of whether the Commission determines to undertake the rulemaking sought by Coinbase, a decision the Commission has yet to make, Coinbase – like everyone else – is bound by existing law," the SEC filing said. "And Coinbase is free to vigorously assert its position that it has not violated
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied US court has directed the SEC to address Coinbase’s rulemaking petition within a week, as the crypto exchange seeks regulatory clarity for digital assets amidst an ongoing lawsuit and heightened enforcement actions against market participants. The
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A U.S. judge has ordered the SEC to respond to Coinbase’s rulemaking petition or explain why it shouldn’t. Original Source
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