Coinbase releases 10000 regulatory documents, revealing SEC regulatory controversies

BlockBeats News: On May 8th, Paul Grewal, Chief Legal Officer of Coinbase, announced that the company has released over 10000 pages of FOIA documents related to its dealings with government regulatory agencies. Important disclosures include: the SEC acknowledged the existence of a "crypto regulatory gap" in 2019; In 2023, the New York Attorney General's Office requested the SEC to make a statement on the attributes of ETH securities, but was refused; Another document shows that the SEC has insufficient technical capabilities to open the video response submitted by Coinbase. This move aims to promote transparency in government regulation, involving the rights of 52 million US cryptocurrency holders.