01.02.24
Big Battles Loom in SEC’s War on Crypto
by: Dave Michaels
This year marks the seventh of the U.S. Securities and Exchange's (SEC) campaign to regulate cryptocurrencies through enforcement. The regulator is waging several major court battles that could determine whether rules written for Wall Street apply to digital assets. In the most closely watched case, crypto exchange Coinbase will ask a federal judge in January to dismiss the SEC’s lawsuit alleging the company violates fundamental investor-protection laws. The SEC first warned it could police many cryptocurrency deals in 2017, when it issued a report outlining its legal authority under former Chair Jay Clayton.
Read the full article on Wall Street Journal