The Crypto Security Debate Goes to Court
- Date: 26-May-2022
- Source: The Wall Street Journal
- Sector:Financial Markets
- Country:Middle East
The Crypto Security Debate Goes to Court
WASHINGTON—Investors are asking the courts to decide an existential question for the cryptocurrency industry: whether digital tokens are, for legal purposes, more similar to stocks or to gold.
Attorneys for cryptocurrency-trading platform Coinbase Global Inc. filed a motion this month to dismiss a class-action lawsuit arguing that 79 of the tokens listed on the firm’s platform are unregistered securities.
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