SEC Sues Coinbase to Establish Jurisdiction Over Cryptocurrencies and Crypto Exchanges | Miller Canfield jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
The SEC sued Coinbase alleging the crypto assets Coinbase made available for trading on its exchange met the definition of securities. If the court accepts the SEC’s position that the SEC has jurisdiction to regulate crypto assets, it will impact the trajectory of crypto.