Coinbase petitions appeals court to rule that token trading on its platform is not a securities transaction
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2025-01-22 23:02 7,375
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Golden Finance reported that according to BitcoinNews, Coinbase submitted an application to the U.S. Court of Appeals for the Second Circuit, requesting a ruling that digital token transactions on its platform are not securities transactions that need to be regulated by federal law. Coinbase stated in the application that transactions on the platform are only asset sales, the parties to the transaction are anonymous, and there are no other commitments other than the sale of digital assets, so there are no additional obligations between the parties. The company said...