NewsBTC
17 February 2025
6 0

SEC Requests 28-Day Extension for Coinbase Appeal Response

The SEC has requested a 28-day extension to respond to Coinbase's appeal, indicating potential shifts in its regulatory approach towards crypto. Key points include:

  • The SEC may be reconsidering its stance on digital assets.
  • New leadership at the SEC is expected to adopt less restrictive policies.
  • Jorge Tenreiro, previously involved in enforcement against crypto firms, has been reassigned.
  • A favorable SEC response could lead to increased market optimism.
  • The SEC is seeking new members for its Investor Advisory Committee to guide on investor interests and regulations.

This renewed focus on crypto regulation may signal a more accommodating environment for digital assets.