Jesse Hamilton / CoinDesk:

The US SEC rejects Coinbase's petition for formal digital asset rules, because the “existing securities regime appropriately governs crypto asset securities”  —  The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after “careful” consideration, the SEC said no.

Jesse Hamilton / CoinDesk:

The US SEC rejects Coinbase's petition for formal digital asset rules, because the “existing securities regime appropriately governs crypto asset securities”  —  The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after “careful” consideration, the SEC said no.

Source: TechMeme
Source Link: http://www.techmeme.com/231215/p9#a231215p9