The Securities and Exchange Commission (SEC) has replied to crypto exchange Coinbaseâs petition that demanded it outline and adopt new regulations on crypto and digital tokens. the SEC claimed that Coinbase isnât entitled to a mandamus and that it should instead comply with existing laws. A mandamus, the SEC said, is âan extraordinary measure that requires the petitioner indisputable right to relief.â Coinbaseâs mandamus demanded the SEC answer âyesâ or ânoâ to its petition.
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