Coinbase has decided to further dig in its heels against regulatory pressure from the Securities and Exchange Commission (SEC), with CEO Brian Armstrong calling out the commission’s chair Gary Gensler, and the crypto exchange’s legal chief hitting back at an SEC proposal that would amend custody rules for registered investment advisors.

Listen to this article to find out what a letter, written up by Coinbase’s legal head Paul Grewal addressed to the SEC, says about Coinbase's disagreement with the major revisions proposed to the investment adviser custody rule and how the SEC is seemingly making assumptions about crypto that would do harm to investors.

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