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US District Court Allows Coinbase Appeal Against SEC
The U.S. District Court for the Southern District of New York has granted Coinbase’s request to file an interlocutory appeal in its ongoing legal dispute with the Securities and Exchange Commission (SEC). The appeal centers on a crucial point, as it questions whether Coinbase’s facilitation of cryptocurrency transactions can be classified as “investment contracts” under federal securities law.
Source: fullycrypto.com
