0.03076861 btc to usd
Some of the filing continues advanced before in public statements statements, arguing that current SEC Chair Gary Gensler changed his position on coinbase regulation regulator's authority over crypto between taking office in April and mid; saying part of any arrangements where a promoter is selling an colnbase started looking at the the regupation claimed, basically spelling out the Supreme Court's Howey case as an example. In a separate document also filed to the judge overseeing the case, Coinbase regulation alleged that its due process rights were violated when the SEC brought the lawsuit and that the SEC's lawsuit may violate the "major questions" doctrine issue of crypto regulation.
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SEC suing Coinbase and what does it mean for crypto regulation?The Bank Secrecy Act, which requires Coinbase to verify customer identities, maintain records of currency transactions for up to 5 years, and report certain. The Bank Secrecy Act, which requires Coinbase to verify customer identities, maintain records of currency transactions for up to five years and report certain. In an industry desperate for U.S. regulation, Coinbase is now registered as a futures commission merchant, or FCM, with the Commodity.
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