Coinbase Wins Partial Victory as Court Orders SEC To Justify Rejection of Crypto Rulemaking Petition [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
The U.S. Court of Appeals for the Third Circuit ruled on Jan. 13, 2025, in favor of Coinbase in its legal battle with the Securities and Exchange Commission (SEC). The court found that the SEC's rejection of Coinbase's 2022 request for clear crypto regulations was “arbitrary and capricious” and ordered the agency to provide a more detailed explanation. However, the court did not mandate the SEC to create new rules for digital assets, requiring instead only further justification for its decision. Coinbase's petition had called on the SEC to clarify when digital assets should be considered securities, an issue crucial for the rapidly growing crypto industry. The SEC had denied the request in 2023, leading to Coinbase's appeal. The court's decision pointed out th
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COIN
News
- The U.S. Oversight Committee Is Investigating Allegations Of Debanking In The Tech And Crypto Sectors [Forbes]Forbes
- Trump orders crypto task force to draft new regulations, explore national stockpile [USA TODAY]USA TODAY
- Solana battles Coinbase outages as SOL hits all-time high [Yahoo! Finance]Yahoo! Finance
- Bitcoin’s Breakout At Davos: Global Elites Reckon With Crypto Revolution [Forbes]Forbes
- Trump orders administration to evaluate potential for 'national digital asset stockpile' [MSNBC.com]MSNBC.com
COIN
Earnings
- 10/30/24 - Miss
COIN
Sec Filings
- 1/24/25 - Form 144
- 1/22/25 - Form 4
- 1/21/25 - Form 144
- COIN's page on the SEC website