Elon Musk's X Adds Community Notes to Gensler's Post

SEC Cites Lack of Substance and Disagrees With Coinbase's Claims

SEC Chair Gary Gensler warns crypto firms about non-compliance, calling the space a "wild west." Elon Musk X adds community notes to Gensler's post, highlighting the need for clear SEC guidelines. 

The SEC recently denied Coinbase's petition for new digital asset industry rules , citing lack of substance and disagreeing with claims. Coinbase appeals the SEC's decision.