Bittrex Challenges Authority of #SEC of #EEUU in Cryptocurrency-Related Lawsuit and Requests Its Dismissal#Bittrexhas aligned its arguments closely with those of #Coinbase
Cryptocurrency exchange Bittrex has filed a motion to dismiss in its legal dispute with the United States Securities and Exchange Commission (SEC).
In its recent court filing, Bittrex argues that the SEC has no authority to regulate cryptocurrencies as securities unless Congress explicitly grants it to do so. This statement questions the SEC's interpretation of current securities regulations and seeks to establish a more defined regulatory framework that accommodates digital assets.
