Coinbase Secures Partial Legal Victory in Crypto Rule Dispute with SEC

Coinbase Secures Partial Legal Victory in Crypto Rule Dispute with SEC

A⁣ federal appeals court has ruled in favor of ‌Coinbase, delivering‌ a​ significant setback to the Securities ​and Exchange Commission‌ (SEC) regarding its lack of clear regulations for cryptocurrencies. The ruling issued​ today (Monday) saw the judges condemn‌ the SEC’s management⁢ of ‍the ⁤situation, labeling its dismissal of Coinbase’s 2022 application as ​”arbitrary ‌and capricious.”‍ The SEC’s decision brings into question its ⁤strategy⁢ towards crypto regulation…

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