Crypto exchange Coinbase Global Inc. (NASDAQ: COIN) is set to challenge the U.S. Securities and Exchange Commission (SEC) in court following the regulatory body’s refusal to establish new rules for cryptocurrencies. The Securities and Exchange Commission (SEC), led by ChairGary Gensler, announced its decision to reject a rulemaking petition submitted by Coinbase. The SEC’s denial, which came after 18 months of silence, was met with a legal response from Coinbase. The company initially sought a judicial intervention to obtain a response from the SEC, a move acknowledged by the Third Circuit. Co…

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