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Coinbase continues effort to get mandamus for SEC response to rulemaking petition

Coinbase has filed a reply in support of its petition for a writ of mandamus to the United States Securities and Exchange Commission (SEC) in its latest move seeking rulemaking from the SEC on digital assets. Coinbase chief legal officer Paul Grewal called the mandamus “the tailor-made remedy for the

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Morgan Stanley Strategist Warns of Equities Sell-Off in Response to ‘Hawkish’ Fed Message – Economics Bitcoin News

On Monday, Morgan Stanley’s equity strategist, Michael Wilson, shared his thoughts on the state of Wall Street. He expressed his belief that a sell-off could be imminent, and that this could occur as a result of U.S. Federal Reserve chairman Jerome Powell’s upcoming remarks on Wednesday. Furthermore, there has been

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Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses – Bitcoin News

On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were in direct contrast to

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Coinbase files court action to compel SEC’s response to rulemaking petition

Coinbase filed a narrow action in a United States federal court that seeks to compel the Securities and Exchange Commission (SEC) to provide a "yes or no" response to a July 2022 petition.The petition requested the SEC propose and adopt clearer regulatory guidelines for the cryptocurrency industry in the U.S. In

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IMF to publish CBDC handbook in response to increasing demand for guidance

With interest in central bank digital currencies (CBDCs) at an “unprecedented” level, the International Monetary Fund (IMF) is experiencing heavy demand for guidance in regard to them. In response, the IMF planned to release a CBDC handbook, deputy managing director Bo Li said in a recent speech.The IMF official saw

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US court issues summons to Tron’s Justin Sun, threatens default judgment if no response

A United States court has issued a summons to Tron founder Justin Sun’s Singapore address in connection to a Securities and Exchange Commission (SEC) civil case.In an April 12 filing, the U.S. District Court for the Southern District of New York ordered Sun to respond to the summons within 21

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Texas Senate Passes Bill to Limit Bitcoin Miners’ Participation in Demand Response Programs

The House vote is expected to be more contentious, in part because bitcoin miners have cranked up their advocacy against the bill. Three lobbying groups including the Texas Blockchain Council, the Chamber of Digital Commerce, and Satoshi Action Fund launched a campaign against the bill on Monday, which they say

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