āļø Coinbase has once again filed an appeal in the case against the SEC.
š¢ Cryptocurrency exchange Coinbase has filed a second motion to contest the judge's decision in the case against the U.S. Securities and Exchange Commission (SEC), citing recent events when the House of Representatives passed the FIT21 bill.
š£ "The U.S. House of Representatives passed bipartisan comprehensive digital asset legislation that would strip the SEC of the expanded jurisdiction it claims," said Coinbase.
š The main issue Coinbase wants to challenge is whether the SEC can regulate transactions involving digital assets as "investment contracts" that do not entail any contractual obligations.
š¼ In response, the SEC stated that Coinbase's appeal should be dismissed.
#SEC #Coinbase #FIT21 #CryptocurrencyRegulation #LegalBattle
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