ADMINISTRATIVE PROCEDURE ACT
Administrative Procedure Act
Coinbase's Legal Challenge Against SEC's Decision
Coinbase challenges the SEC in court over its decision to deny a rulemaking petition, marking a critical juncture in U.S. cryptocurrency regulation.
Administrative Procedure Act
Congressional Memo Challenges SEC's SAB 121
Congress members question the enforceability of the Securities and Exchange Commission's Staff Accounting Bulletin 121, arguing it deviates from standard accounting practices, misrepresents custodians' responsibilities, and increases consumer risk.