SEC Responds To Coinbase Request For Action: 'No'

The Securities and Exchange Commission has issued a response to Coinbase's complaint requesting that the agency establish regulatory clarity for the industry. From a report: In an April mandamus petition, Coinbase demanded federal courts to instruct the SEC to act and issue clear guidelines for crypto exchanges and companies. In its response, released Monday evening in New York, the SEC alleged Coinbase has no right to mandamus, which orders a government agency to fulfill certain duties.
"Perhap