Coinbase, the leading cryptocurrency exchange, has taken legal action against the US Securities and Exchange Commission (SEC) by filing a writ of mandamus. The writ of mandamus is a legal petition that compels a government agency to fulfill its statutory obligations.

Coinbase claims that the SEC has been unresponsive and has failed to provide clear guidelines despite repeated requests. This legal confrontation could have significant implications for the regulatory landscape of the cryptocurrency industry in the United States.

Additionally, we have an updated list of crypto presale projects to consider and a compilation of crypto Telegram channels to keep you informed on the latest news and trends in the industry. It is worth noting that Coinbase is currently facing scrutiny from the Securities and Exchange Commission.