Behind the Crypto.com vs. NGCB lawsuit is not just a power struggle – but the future of financial innovation in the U.S.
The crypto market is continuously creating new products: decentralized derivatives, prediction markets, tokenization of real assets… But the legal system is fragmented across states – each place has its own style, each agency has its own perspective.
This lawsuit could pave the way for:
• Clearly define the powers between state and federal.
• Create a solid legal foundation for event-based contracts.
• Prevent states from overreaching to hinder innovation.
A victory would be a major boost for the crypto industry in the U.S. – especially in the context of companies like Coinbase and Kraken also 'fighting' with the SEC and CFTC over various digital financial products.
