Coinbase Global Inc filed a petition on Monday in an effort to compel the US Securities and Exchange Commission to create new rules for digital assets, the company said in a blog post in the latest escalation of the cryptocurrency exchange's tensions with the securities regulator. Coinbase filed a petition for rulemaking with the SEC last year in which it persisted the regulator to provide clarity on the circumstances under which a digital asset is a security and create a new market structure framework that is compatible with crypto assets. The partition will be filed with the US Court of Appeals for the Third Circuit.
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