Coinbase makes another push to appeal its case against the SEC, citing lawmakers’ FIT21 vote | Headlines | News | CoinMarketCap
05/24/2024 23:59
Crypto exchange Coinbase made a second push in a motion to appeal a judge's ruling in its case involving the U.S. Securities and Exchange Commission, …
Crypto exchange Coinbase made a second push in a motion to appeal a judge's ruling in its case involving the U.S. Securities and Exchange Commission, pointing to developments over the past week in Congress.
In a closing brief asking to file an interlocutory appeal posted on Friday, the exchange noted a division between lawmakers and the SEC in how they view its jurisdiction over crypto.
"Legislators’ disagreement with the SEC’s position meanwhile has deepened: just this week, the U.S. House of Representatives approved on a bipartisan basis comprehensive digital asset legislation that would deny the SEC the expansive jurisdiction it claims," Coinbase said in its latest brief.
Over the past week, the U.S. House of Representatives voted 279 to 136 to pass the Republican-led …