Coinbase's recent move might have implications for SEC case going forward
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
The recent motion seeks Judge Failla’s permission to request an interlocutory appeal on her recent order touching investment contracts. Coinbase believes the question of how the Howey test is applied to digital assets is a controlling question of law, which is a necessary condition for granting an interlocutory appeal.
Coinbase's recent move might have implications for the SEC case going forward: If the case is granted an appeal, the initial trial proceedings will be suspended until the Second Circuit Court rules.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coinbase loses first round of battle against SECIn June of 2023, the US Securities & Exchange Commission (SEC) levied charges against Coinbase Exchange, claiming that the trading platform operates as an unregistered securities exchange.
Read more »
Bitcoin Reacts to SEC v. Coinbase Ruling With Price DropBitcoin's price plunges as court ruling in SEC case against Coinbase sparks market turmoil
Read more »
Coinbase CEO Explains Why They Got 'Huge Win' Against SECCoinbase CEO believes they have secured substantial progress with SEC
Read more »
Coinbase's Allies Join Crypto Firm's Case Against SECJesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.
Read more »
Crypto and lobbying groups file briefs supporting Coinbase's push for SEC to write rulesCrypto and lobbying groups are drumming up their support for Coinbase in its call for the SEC to write rules for the crypto industry.
Read more »
Coinbase legal chief argues SEC has ‘no good reason’ to deny spot Ethereum ETFsPaul Grewal decried continued “misinformation” about ether as the crypto community awaits a decision from the SEC on spot Ethereum ETFs.
Read more »