Coinbase has agreed to the SEC’s application to extend the deadline for responding to its appeal until March 14. The case began in June 2023, when the SEC accused Coinbase of providing unregistered securities, which Coinbase believed did not constitute securities and sought to clarify the legal definition of secondary market transactions. It was previously reported that the SEC is preparing to end a cryptocurrency enforcement case filed during the Biden administration, and new regulatory methods may help resolve the case.(Crypto News)
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