Coinbase Issues Key Filing Amid Ongoing SEC Clash

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Coinbase chief legal officer Paul Grewal highlights the new development in the legal tussle in an X post. He gives a recap of the pivotal filing in a few threads of tweets., the core of this case is a single, concluding sentence in the SEC order under review. The sentence — which disagreed that SEC rules are unworkable for digital asset firms — offered no reasoned decision-making, adding that it offered no reason at all.

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