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TechFlow news, the U.S. Securities and Exchange Commission (SEC) has denied a rulemaking petition submitted by Coinbase Global, Inc. The SEC stated:
First, existing laws and regulations apply to the crypto securities market.
Second, the SEC is also addressing issues in the crypto securities market through rulemaking.
Third, it is important to preserve the Commission's discretion when setting its own rulemaking priorities.
The U.S. Securities and Exchange Commission (SEC) has denied a rulemaking petition filed on behalf of Coinbase Global, Inc. It stated: first, existing laws and regulations apply to the crypto securities market. Second, the SEC is also addressing issues in the crypto securities market through rulemaking. Third, it is important to preserve the Commission's discretion when setting its own rulemaking priorities.
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