Coinbase requests the court to review the SEC's decision to deny its cryptocurrency rule request

ChainCatcher news, according to Reuters, Coinbase has submitted a petition to the federal appeals court requesting a review of the Securities and Exchange Commission (SEC) decision to reject Coinbase's request for new rules in the digital asset space. Previously, the SEC voted 3-2 not to propose new rules, stating that the current regulations do not apply to the cryptocurrency sector.