Binance contributed to DigitalChamber's amicus brief on SEC vs. Wahi. This case will set a precedent that could shape the regulation of crypto globally. Crypto needs clear and consistent regulation, and it is important for the industry to weigh in.
is an unprecedented, stealth attempt to expand the agency’s jurisdictional reach, and threatens the health and viability of the U.S. marketplace for digital assets.
Several proposed pieces of legislation currently pending before Congress would help clarify the chaotic regulatory environment for digital assets. Presently, the lack of clear rules and regulations has created significant uncertainty, driving innovators in this space offshore and reducing U.S. competitiveness and its ability to protect investors.
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Trade group accuses SEC of ‘stealthy’ overreach in Coinbase insider trading caseThe Chamber of Digitial Commerce has filed an amicus brief seeking the dismissal of the SEC’s lawsuit against a former Coinbase employee accused of insider trading, Ishan Wahi, arguing the regulator is attempting to characterize secondary market transactions as securities transactions.
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