Coinbase Asks the Court To Step In To Get Answers on Its Rulemaking Petition

Cryptocurrency exchange Coinbase called on a court to issue a "writ of mandamus" telling the US Securities and Exchange Commission to respond to its rulemaking petition within seven days. A mandamus "is warranted because the SEC has made up its mind to deny Coinbase's petition," the exchange said in a court filing on Monday. A mandamus is an order from a court to a government official ordering it to fulfill certain duties, according to Cornell University. ...