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wait, coinbase pulling a power move on the DOJ?? is this the start of the crypto vs. government showdown?! 🤯
coinbase calling in the big guns to deal with state-level crypto chaos 🚀: legal battles, state vs. federal regs, and SEC transparency
Cryptocurrency Exchange Coinbase pressures US Ministry of Justice to address state-level crypto regulations. Coinbase’s Chief Legal Director urges DOJ to intervene, citing challenges faced by companies due to varying state laws. A lawsuit in Oregon accused Coinbase of selling unregistered securities, mirroring a previous SEC case. Coinbase’s legal battles highlight the need for federal regulation clarity. Proposed legislation aims to establish a clear framework for digital asset market regulation by federal agencies. Coinbase also seeks transparency from the SEC regarding past legal actions.
https://altcoin.observer/coinbase-asks-the-mj-to-take-measures-to-prevent-cases-of-application-of-the-state/
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