Coinbase has filed for an interlocutory appeal against the SEC, seeking clarity on whether digital asset transactions fall under investment contracts. The appeal aims to establish a more defined regulatory framework for crypto in the U.S., with Coinbase emphasizing the importance of ensuring digital assets are not subject to traditional governance. The SEC's response to Coinbase's request remains crucial for the direction of the ongoing lawsuit.
The stakes are high on @Coinbase's request for interlocutory appeal of Judge Failla's ruling. If interlocutory appeal is DENIED: 1. A cloud will continue to hover over all US-based crypto markets--both CEX and DEX--while the case proceeds for 2 years or more. 2. The SEC will… https://t.co/aG6sCI6SaD
Coinbase asked two courts for permission to appeal part of its ongoing lawsuit with the SEC in an effort to more quickly obtain a ruling on whether digital assets resemble investment contracts https://t.co/DV0Hh3bzii https://t.co/qdDgmTgAGY
$COIN (+0.0% pre) Coinbase asks to appeal part of case against US SEC - Reuters https://t.co/688F7MiLZy
🔎 @Coinbase is pushing for an urgent review by a U.S. court on a key legal question posed by the SEC in their ongoing lawsuit. According to their recent filing, this question could pivotally influence the lawsuit's direction. https://t.co/TsbkyHxJj2
COINBASE ADVANCES LEGAL BATTLE AGAINST SEC TO HIGHER COURT Coinbase filed an interlocutory appeal against the SEC by requesting a higher court to review a fundamental question — whether a digital asset transaction that poses no obligation to the original issuer will be… https://t.co/cN39q5LrNm
COINBASE FILES INTERLOCUTORY APPEAL AGAINST SEC The appeal is aimed at obtaining clarity on a fundamental issue that could lead to a more defined regulatory framework for crypto in the U.S. Coinbase seeks to ensure that digital assets are not unjustly governed by traditional… https://t.co/l09mDISHP8
📣 Latest News: Coinbase requests interlocutory appeal over SEC's 'controlling question' #news #cryptonews #crypto #regulations
.@coinbase files interlocutory appeal in its case against the SEC. In its motion, the exchange will be appealing the issue of whether the SEC has authority over digital asset transactions as investment contracts. https://t.co/tXzlhTTfvm https://t.co/i1yTjrTqyk
Brilliant move by @Coinbase to seek interlocutory appeal. Coinbase cites the SEC’s identical request for interlocutory appeal in @Ripple as support. If the SEC had integrity, they would join Coinbase’s request for interlocutory appeal to determine Howey’s application to crypto. https://t.co/aG6sCI6SaD