📢Good news! Katherine Polk Failla, a judge at the Southern District Court of New York, rejected Coinbase's request to disclose the personal communications of Gary Gensler, chairman of the U.S. SEC, at a hearing on Thursday. 👩‍⚖️Judge Failla said she was very surprised by the request made to Gensler in his personal capacity at the beginning of the hearing. 🤔

Coinbase had previously sought court approval to subpoena Gensler's personal communications related to cryptocurrency during his tenure and the four years before he was appointed chairman. However, near the end of the hearing, the judge still believed that Coinbase's request was inappropriate. 😮

However, the judge asked Coinbase to file a motion to force a formal proceeding so that both parties can elaborate on their arguments in more depth. 🧐 SEC senior trial attorney Jorge Tenreiro said that Gensler's communications before becoming SEC chairman were irrelevant to the case, and said that the SEC chairman was neither a fact witness nor an expert witness in the case, which could set a worrying precedent in future cases. 👨‍💼

All of this makes us look forward to the future of Bitcoin! 🚀🌕 Let us pay attention to the global regulatory dynamics of blockchain, industry trends, and cryptocurrency news to see what new developments will happen in the future! 🔍🌐