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Bitcoin.com 2024-04-15 04:33:56

Coinbase Challenges SEC’s Definition of ‘Investment Contracts’ in Crypto Transactions

In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes an “investment contract” in digital asset transactions. This pivotal case could set significant precedents for the cryptocurrency industry in the

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