Coinbase lashed out on the SEC saying the agency has no plans to consider the crypto exchange’s petition on any timeline.
The longstanding dispute between the crypto exchange and the market regulator is at the heart of the battle. Last month, Coinbase sued the SEC, claiming that the latter failed to provide a response as the former sought a formal notice-and-comment process that would enable the public to weigh in. The SEC later responded, deeming Coinbase’s allegations to be “baseless.
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