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- Legal scholars, venture capitalists, and #blockchain advocates file amicus briefs supporting Coinbase against SEC. - Briefs challenge SEC's interpretation of "investment contract," warn of consequences for crypto industry. - US Chamber of Commerce previously filed brief, highlighting economic harm caused to Coinbase and broader #business community. - SEC sued Coinbase in June for failure to register, experts argue SEC's interpretation is too broad. - Prominent #law scholars call for examination of tokens on platforms like Coinbase as unregistered securities. - Senator Cynthia Lummis argues SEC's overreach violates Constitution, hinders Congressional oversight. - Venture capital firms express concerns about broader implications and #innovation hindrance. - Blockchain advocates including Crypto Council for Innovation, Blockchain Association, and others emphasize damage to entrepreneurial initiatives. - Growing amicus briefs reflect pressure on SEC, potential impact on #crypto regulation and innovation. - Legal battle's outcome will significantly shape future of crypto regulation and industry innovation. $BTC $ETH $BNB

- Legal scholars, venture capitalists, and #blockchain advocates file amicus briefs supporting Coinbase against SEC.

- Briefs challenge SEC's interpretation of "investment contract," warn of consequences for crypto industry.

- US Chamber of Commerce previously filed brief, highlighting economic harm caused to Coinbase and broader #business community.

- SEC sued Coinbase in June for failure to register, experts argue SEC's interpretation is too broad.

- Prominent #law scholars call for examination of tokens on platforms like Coinbase as unregistered securities.

- Senator Cynthia Lummis argues SEC's overreach violates Constitution, hinders Congressional oversight.

- Venture capital firms express concerns about broader implications and #innovation hindrance.

- Blockchain advocates including Crypto Council for Innovation, Blockchain Association, and others emphasize damage to entrepreneurial initiatives.

- Growing amicus briefs reflect pressure on SEC, potential impact on #crypto regulation and innovation.

- Legal battle's outcome will significantly shape future of crypto regulation and industry innovation.

$BTC $ETH $BNB

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