Coinbase is seeking a ruling from the U.S. District of Columbia Federal Court to compel the Securities Exchange Commission (SEC) to provide documents on how securities laws apply to cryptocurrencies. Coinbase sued the SEC in June for failing to comply with Freedom of Information Act (FOIA) requirements. Coinbase wants to obtain documents on external and internal communications related to the SEC's investigation into whether cryptocurrencies are securities, particularly regarding Ethereum. The SE...
Coinbase filed a motion for partial summary judgment in the U.S. District Court for the District of Columbia to obtain documents from the Securities Exchange Commission (SEC) on how securities laws apply to cryptocurrencies. Currently, the SEC says it will take three years to provide the documents requested by Coinbase.
Federal Judge Jia Cobb of the District of Columbia has issued a formal opinion, ruling that the US Commodity Futures Trading Commission (CFTC) does not have the authority to conduct a "public interest review" to prevent Kalshi from listing on the US political prediction market. Judge Cobb noted that Kalshi's contracts do not involve illegal activities or gambling, but are about elections, neither of which fall under the jurisdiction of the CFTC. Currently, the US Congress has revoked the CFTC's ...