At a hearing on Thursday, District Court Judge Katherine Polk Failla of the Southern District of New York rejected Coinbase's request to subpoena personal communications of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, requiring it to re-plan and establish a briefing schedule. Earlier in June, Coinbase told the SEC that it planned to subpoena SEC Chairman Gary Gensler's personal communications related to cryptocurrencies during his tenure and in the four years before he was appointed chairman. (CoinDesk)