SEC

Grayscale challenges the SEC’s claim that Filecoin is a security, saying it will defend its legal position after regulators requested a withdrawal of its trust filing.

SEC Chair Gary Gensler rebuffs Coinbase’s petition, insisting that crypto laws already exist and that most tokens qualify as securities under existing rules.

Coinbase, lawmakers, and industry groups unite in criticizing the SEC’s crypto stance, accusing it of overreach and creating regulatory uncertainty in the U.S.