SEC Responds to Coinbase, Hinting at Regulatory Changes for Cryptocurrencies

oinbase">Coinbase’s chief legal officer, Paul Grewal, shared on Twitter that the SEC has filed its response to the Third Circuit’s request regarding the ongoing dispute with oinbase">Coinbase. In his tweet thread, Grewal highlighted four key points from the response. The SEC has yet to clarify its stance on cryptocurrency regulation and has refused to commit to any deadline despite the court’s explicit order. The SEC’s counsel expects to make a recommendation regarding oinbase">Coinbase’s rulemaking petition within the next 120 days. The most significant key point is that the regulatory agency is disregarding its chair’s explicit statements indicating a lack of intention to issue new rules.

What is the future of Shiba Inu? Shytoshi Kusama suggests a physical surprise.

Following a recent tweet by Shytoshi Kusama, the lead of Shiba Inu, a new wave of speculation has emerged within the SHIB community. Kusama’s tweet on June 14 included an enigmatic video, accompanied by the message “Something physical is coming.” The video, which lasts eight seconds, features a golden SHIB logo that transforms into a smaller white logo, with an inscription reading “Something physical is coming” appearing at the end of the clip. Members of the SHIB community have proposed various theories regarding the video’s implications. Some speculate that it may be linked to the launch of a significant project, while others believe it could be related to merchandise. It is noteworthy that the teaser for a physical product coincides with a recent post by community member Lucie, who shared an image of a piece of fabric bearing the Shiba Inu logo.

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