3rd Circuit Asks SEC If It Decided Coinbase’s Rulemaking Petition

(June 9, 2023, 11:09 AM EDT) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals has asked the Securities and Exchange Commission if it has decided to deny a petition by cryptocurrency trader Coinbase Inc. for rulemaking on whether its products are regulated, when it will do so and why the court should not retain jurisdiction to rule on Coinbase’s petition for a writ of mandamus....