Coinbase's legal battle with the SEC is seen as a pivotal moment for cryptocurrency regulation, with potential to reshape the future of tokens in the U.S. The court case has garnered significant attention, with opinions and live coverage circulating in the media. A recent opinion piece by Daniel G. Kuhn highlighted the importance of the case. The latest hearing was detailed in this week's Hodler's Digest, and a federal judge questioned the SEC's potential overreach in market regulation. Meanwhile, a separate but related case, SEC v. Binance, is also unfolding. During the hearing, Judge Ketanji Brown Jackson appeared skeptical of Binance's defense regarding investment contracts. Bloomberg legal analysts have given Coinbase a 70% chance of winning the motion to dismiss the SEC's complaint, drawing parallels with the team's accurate prediction in the Grayscale ETF case. The outcomes of these cases are being closely watched as they will influence the SEC's regulatory scope over cryptocurrencies.
A federal judge pressed the SEC on its stance on cryptocurrencies in the regulator’s high-profile case against Binance https://t.co/gSZajLi537
Binance, SEC face off over regulator's crypto oversight https://t.co/6ba2wVQf4V https://t.co/ihyz2YD2TM
New odds by Bloomberg legal analyst say Coinbase has 70% (!) chance to win motion to dismiss SEC complaint I'm wary of such predictions but note that same team correctly picked Grayscale in ETF case https://t.co/tCZC2BiD2A
SEC v. @Binance hearing, Update I Judge Berman Jackson has dispensed with the prepared arguments and gone straight to questions. She started with the defense team. -She seemed skeptical that an investment contract actually requires a contract. -She focused on the "scheme"…
Live coverage from @caseywagnerr during today's SEC v Binance hearing 👇 https://t.co/tsP8CfE5tr
SEC v Binance et al motion to dismiss hearing starting now in DC Judge Jackson is starting with the defense. First few minutes she already seems skeptical (much more so than Coinbase's judge) that Binance has a leg to stand on re: investment contracts
A federal judge asked whether allowing the SEC to regulate Coinbase would give the agency too much sway over markets, per WSJ.
A court battle between Coinbase and the SEC will determine the fate of crypto tokens in the U.S. This week's Hodler's Digest details the latest hearing in the case. https://t.co/UV3JmMrqMK
BACK TONIGHT w/ @EnglishNFTea & @The_Daily_Alpha Talking Coinbase v. SEC & other market matters. Come hang out: ) https://t.co/0odviUvKJj
.@Coinbase's legal battle with the @SECgov is more than just a courtroom drama, it's a defining moment for crypto regulation. And the case could reshape the future of tokens. An opinion by @DanielGKuhn: https://t.co/m2gD8DwyBo