TechFlow reports that Coinbase has filed a formal petition with a federal court, urging the court to compel the U.S. Securities and Exchange Commission (SEC) to establish clearer rules and standards for the digital asset industry. According to documents submitted by Coinbase, the company is seeking a "writ of mandamus"—a court order issued by a higher court directing a government agency to carry out a specific action or duty it is legally obligated to perform.
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