Question appealed by Coinbase if digital asset secondary market transaction constitute investment contract is at the heart of SEC cases against Crypto exchanges for operating as an unregistered securities exchange, brokerage and clearing agent as investment contracts are to be regulated by the SEC
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Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court
Crypto
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Coinbase appeals part of denial of it's motion to dismiss SEC case against it for it acting as an unregistered exchange, brokerage and clearing agent
Crypto
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The requested appeal would ask a higher court to review whether a digital asset transaction that poses no obligation to the original issuer of the asset should be considered an investment contract that would be regulated by the SEC.
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