The SEC Goes Back to Court
Summary
The SEC sued Coinbase and Binance for listing unregistered securities in the form of cryptocurrencies. The industry's future depends on the court's decision. The SEC argued that digital assets are securities, while the defense claims otherwise. The SEC's case against Binance was postponed due to snow. A separate hearing challenges a Supreme Court precedent that gives regulatory agencies latitude to interpret laws. Overturning this precedent may impact regulatory agencies and lead to potential crypto legislation in Congress.
