In Manhattan, a federal judge ruled on Wednesday that the US securities regulator's lawsuit against Coinbase can proceed, though she dismissed one of the claims made by the agency against the largest US cryptocurrency exchange.
US District Judge Katherine Polk Failla granted part of Coinbase's motion to dismiss the Securities and Exchange Commission's lawsuit, which accuses the company of violating its regulations.
Although the ruling represents a partial victory for Coinbase, potentially reducing the duration and cost of the legal dispute, analysis it predominantly supports the SEC's stance on cryptocurrency, aligning with previous decisions by other judges who have sided with the regulator.
Read More at www.btckingsnews.com
SEC Takes Action to Regulate Major Cryptocurrency Exchange, Coinbase Btckingsnews.com
por Ellen Wallis (02/04/2024)
In Manhattan, a federal judge ruled on Wednesday that the US securities regulator's lawsuit against Coinbase can proceed, though she dismissed one of the claims made by the agency against the largest US cryptocurrency exchange.US District Judge Katherine Polk Failla granted part of Coinbase's motion to dismiss the Securities and Exchange Commission's lawsuit, which accuses the company of violating its regulations.
Although the ruling represents a partial victory for Coinbase, potentially reducing the duration and cost of the legal dispute, analysis it predominantly supports the SEC's stance on cryptocurrency, aligning with previous decisions by other judges who have sided with the regulator.
Read More at www.btckingsnews.com