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U.S. SEC Denies Coinbase's Push for Crypto Regulations as 'Unwarranted'

The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after "careful" consideration, the SEC said no.

U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)
U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)