The U.S. Securities and Exchange Commission, SEC, asked a federal judge to deny a motion from Coinbase to dismiss the regulator’s lawsuit against the company, Hannah Lang and Chris Prentice of Reuters reports. The SEC said Coinbase was wrong to rely on the current ruling, which found Ripple Labs did not violate federal securities law by selling its token on public exchanges.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on COIN:
- Coinbase granted Major Payment Institution license in Singapore, The Block says
- Babylon Chain Announces Bitcoin Staking Protocol to Tap Into Dormant BTC
- Here’s Why Coinbase Stock (NASDAQ:COIN) Is Gaining
- Bitcoin (BTC-USD) Leads Crypto Names Higher Amid Macro Uncertainty
- Here’s What You Missed in Crypto This Week