Coinbase Sues SEC and FDIC Over FOIA Requests

Cryptocurrency exchange Coinbase has filed lawsuits against the US Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for failing to comply with Freedom of Information Act (FOIA) requests. The exchange is seeking information about the agencies’ views on Ethereum’s transition to proof-of-stake and other crypto-related matters. Coinbase claims that these agencies are attempting to hinder the digital asset industry through regulatory actions.Read more on Decrypt