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$ALGO $GALA $XRP Coinbase achieves first victory over the SEC
In a decision that comes at the end of Gary Gensler's term, the judges demand that the SEC have clear rules for classifying cryptocurrencies
The Court held that the SEC's demand was conclusive and insufficiently reasoned, and therefore “arbitrary and capricious.” It partially admitted Coinbase's request and referred the case to the SEC for a fuller explanation.
In a decision that comes at the end of Gary Gensler's term, the judges demand that the SEC have clear rules for classifying cryptocurrencies
The Court held that the SEC's demand was conclusive and insufficiently reasoned, and therefore “arbitrary and capricious.” It partially admitted Coinbase's request and referred the case to the SEC for a fuller explanation.
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