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VisitCoinbase ($COIN) Accuses SEC of Trying to Destroy Crypto Industry
May 31, 2024, 02:39 PM
Coinbase has accused the US Securities and Exchange Commission (SEC) of attempting to destroy the cryptocurrency industry through aggressive litigation tactics. In a 36-page brief filed on May 31, 2024, Coinbase criticized the SEC's approach, describing it as a 'scorched-earth' strategy aimed at dismantling the crypto sector. The filing represents a final push by Coinbase to urge the SEC to establish clear regulatory guidelines for the industry.
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Majority approval of SEC's approach • 33%
Majority disapproval of SEC's approach • 33%
Mixed or no clear majority opinion on SEC's approach • 34%
Increased Regulation • 33%
Status Quo • 33%
Reduced Regulation • 34%
New strict regulations passed • 33%
Regulations relaxed or removed • 33%
No significant regulatory change • 34%
New regulations introduced • 50%
No significant changes • 50%
Bitcoin remains unaffected • 25%
Ethereum gains clarity • 25%
Stablecoins get stricter regulations • 25%
Altcoins face new restrictions • 25%
More restrictive • 33%
Less restrictive • 33%
No change • 33%
New regulations introduced • 33%
Existing regulations enforced more strictly • 33%
No change in regulations • 34%
No change in regulations • 33%
Stricter regulations introduced • 33%
Regulations become more lenient • 33%
Stock price increases • 50%
Stock price decreases • 50%
Binance • 25%
Ripple • 25%
Tether • 25%
None of the above • 25%