The U.S. Securities & Exchange Commision (SEC) has requested more time to respond to Coinbase’s plea for regulatory certainty in the crypto space. The SEC stated in a June 13, 2023, letter that it would require an extra four months to address Coinbase’s request for the implementation of new regulations and improved comprehension of the regulatory environment for cryptocurrencies.

The letter was written in response to the court’s order from June 6, 2023, asking the SEC to make it clear if it was rejecting the rulemaking or just needing more time to…

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