U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit

U.S. Senator Lummis

U.S. Senator Lummis

A number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday.

In a united front, Crypto industry representatives urge the court to reject the SEC’s lawsuit against Coinbase, emphasizing the importance of regulatory clarity for crypto businesses.

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