Judge rules SEC vs. Coinbase case to proceed
A federal court has determined that the case filed by the US Securities and Exchange Commission (SEC) against cryptocurrency exchange Coinbase will continue. US District Judge Kathrine Failla ruled in favor of the SEC’s action, affirming that Coinbase functions as an exchange, broker, and clearing agency according to federal securities laws. Additionally, the judge found that Coinbase is involved in the unregistered offer and sale of securities via its Staking