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

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Name

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

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Coinbase is requesting higher court to weigh in if secondary market trades are investment contracts

Date

04

Month
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13

Day
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2024

Year

12

:

00

am

Related news events

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
Coinbase appeals a single legal disagreement with SEC from it's denied motion to dismiss SEC case against it for acting as unregistered securities exchange, brokerage and clearing agent
Coinbase is requesting higher court to weigh in if secondary market trades are investment contracts
In it's appeal Coinbase argues that the usage of the so-called Howey test by SEC to determine if cryptocurrency assets is a security leaves a "murky understanding" of what makes a security

Related news stories

SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency and sale of unregistered securities
Coinbase loses most of motion to dismiss SEC Lawsuit against it for operating as an unregistered exchange, broker and clearing agency and lawsuit against Coinbase will proceed

Related news topics

News stories related to Howey test
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Policy and regulation news

Referenced by

Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court

Crypto

Article

Coinbase is requesting higher court to weigh in if secondary market trades are investment contracts

Crypto

News event
Claim

SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency and sale of unregistered securities

Crypto

News story