Coinbase Global Inc, a major American cryptocurrency trading platform, is continuing its challenge against the US Securities and Exchange Commission (SEC) by filing an Amicus Brief. This legal document supports DeFi Education Fund, emphasizing Coinbase's opposition to the SEC's regulatory strategies which they label as 'regulation by enforcement'.
The Amicus Brief signifies Coinbase's commitment to actively engage in the legal discourse surrounding decentralized finance (DeFi) and the broader crypto industry. By supporting DeFi Education Fund and Beba, Coinbase seeks to influence the ongoing regulatory landscape in the United States.
This aligns with Coinbase’s broader strategy of challenging SEC's approaches and playing an active role in shaping how regulators engage with the rapidly evolving crypto space.