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Coinbase and SEC Prepare for Courtroom Crypto Showdown
CoinbaseCoinbase(US:COIN) PYMNTS·2024-01-17 14:10

America’s largest cryptocurrency exchange is scheduled to face the country’s securities regulator in court.And at Coinbase’s hearing on Wednesday (Jan. 17), the company will reportedly argue that the U.S. Securities and Exchange Commission (SEC) should abandon its case, as the tokens traded on the exchange are not the same as securities.That’s according to a report by Reuters, citing a source familiar with the case and court filings. The report notes that the case will likely have larger ramifications for t ...