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<ul class="wp-block-list news-points">
 <li>Crypto.com claims the SEC’s classification of crypto transactions as securities is overreaching and inconsistent with established norms. </li>
 <li>The lawsuit argues that the SEC’s new regulations lacked the necessary notice and comment period mandated by law, raising legal concerns. </li>
 <li>Crypto.com is committed to compliance, holding numerous licenses and registrations, reinforcing its position against the SEC’s actions. </li>
</ul>  
In a bid to expose the SEC overstepping its boundaries and trying to unfairly regulate the crypto industry, Crypto.com has initiated a <a href="https://crypto.com/company-news/complaint" target="_blank" rel="noopener noreferrer nofollow">lawsuit against the SEC.</a>  
This comes after Crypto.com received a Wells notice from the SEC, which usually means the  
Agency is planning to take enforcement action. Crypto.com is taking a stand, joining other crypto companies who are pushing back against what they see as the SEC’s overreach.  
<h2 class="wp-block-heading" id="h-background-of-the-lawsuit">Background of the Lawsuit</h2>  
Crypto.com’s lawsuit comes from concerns over the SEC’s expanding jurisdiction. The company says that the SEC has gone beyond its legal boundaries, creating an unlawful framework that calls nearly all crypto transactions securities.  
This classification, they argue, doesn’t make sense…
The post <a href="https://coinedition.com/crypto-com-sues-sec-over-cryptocurrency-regulation/" rel="noopener noreferrer nofollow">Just In: Crypto.com Sues SEC Over Cryptocurrency Regulation</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Just In: Crypto.com Sues SEC Over Cryptocurrency Regulation

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