Coinbase Discovers Thousands of Internal SEC Documents Revealing Past Crypto Policies

In a significant development, U.S.-based cryptocurrency exchange Coinbase has unearthed over 10,000 documents from the Securities and Exchange Commission (SEC) regarding its past regulatory actions in the crypto sector. The FOIA request filed by Coinbase shed light on potentially inconsistent SEC approaches to regulation. Coinbase’s Chief Legal Officer Paul Grewal commented that these internal communications are crucial for public access as they have a direct impact on the cryptocurrency industry, adding that transparency is essential for informed citizen participation. 52 million Americans hold crypto assets and are directly impacted by these regulations.