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SEC Denies Overreach Allegations Amidst Coinbase Regulatory Debacle

The U.S. Securities and Exchange Commission (SEC) has firmly refuted accusations of overreaching its authority in the regulatory actions taken against Coinbase. The agency’s recent filings emphasize that its oversight is well within legal boundaries, aimed at protecting investor interests in the rapidly evolving digital asset market. This statement comes in response to growing criticism and claims of a “power grab” by the regulatory body. Read more at Decrypt