Coinbase continues effort to get mandamus for SEC response to rulemaking petition

Coinbase (NASDAQ:) has filed a reply in help of its petition for a writ of mandamus to the USA Securities and Change Fee (SEC) in its newest transfer in search of rulemaking from the SEC on digital belongings. Coinbase chief authorized officer Paul Grewal known as the mandamus “the tailored treatment for the extraordinary details.”

Coinbase filed a petition to the SEC in July “requesting that the Fee suggest and undertake guidelines to manipulate the regulation of securities which can be provided and traded by way of digitally native strategies, together with potential guidelines to establish which digital belongings are securities.” It supplied 50 questions for the company to think about in formulating guidelines.

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