The post SEC vs. Coinbase Lawsuit Moves Forward with Date Set for Initial Arguments appeared first on Coinpedia Fintech News

The United States Securities and Exchange Commission’s (SEC) lawsuit against cryptocurrency exchange Coinbase is proceeding, with a date set for both parties to voice their initial arguments. On July 24, Coinbase’s chief legal officer declared that New York judge Katherine Polk Failla had approved the joint request from Coinbase and the SEC. However, the two groups failed to come to an agreement on a deadline for the SEC’s opposition brief, which Judge Failla settled. Coinbase hits pause on asset staking in some states amidst lawsuit scrutiny.