Why does the Chamber of Commerce support Coinbase vs SEC?

In the amicus brief filed in the case of Coinbase vs. SEC, the Chamber of Commerce said that it supports Coinbase as it seeks to get regulatory clarity on what a security is in the eyes of the SEC.

Does Coinbase have a fight against the SEC?

The largest business organization in the world has thrown its weight behindCoinbase in its fight against the SEC. The United States Chamber of Commerce has blasted the Securities and Exchange Commission for its “haphazard, enforcement-based approach” to regulating the cryptocurrency industry on American soil.

Does the US Chamber of Commerce support Coinbase?

The US Chamber of Commerce has expressed its support for Coinbase in its legal battle with the SEC over its proposed lending product. The Chamber filed an amicus brief in which it criticized the SEC for its lack of clarity and consistency in regulating digital assets.