Coinbase Sues SEC and FDIC for FOIA Failures Over Crypto Regulation Transparency

Coinbase has initiated legal proceedings against the SEC and FDIC over non-compliance with FOIA requests. The FOIA allows for the disclosure of federal information unless it pertains to sensitive categories like national security or trade secrets. Paul Grewal, Chief Legal Officer at Coinbase, argues that this opacity undermines fair regulation and governmental transparency. Coinbase demands

Source: CoinOtag