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- Coinbase has taken the view that crypto property is not value papers, but are digital goods.
- Donald Trump’s administration collaborated with Congress on the adoption of two -party clear crypto regulations.
- Under Paul Atkins, American Sec’s Crypto of Paul Atkins to wait for the clear instructions of the congress.
In a surprising turn of the event, Oregon Attorney General Dan Rayfield, who is related to the Democratic Party, has filed an action to carry out securities against Coinbase Global Inc. (Nasdaq: Coin) On Friday, April 18th. Rayfield will be picked up where the former president of the Secry Gary, who was in a statement in the amount.
“In case you think to jump at the conclusions, the AG office made it clear to us that they literally picked up where Gary Gensler Sec left. Seriously,” Paul Grewal, CEO in Coinbase, noticed.
Grewal pointed out that the lawsuit could prevent the efforts of two -party legislators to bring a comprehensive federal legislation for digital assets.
“Oregon’s retention campaign is obstruction for obstruction. It is a desperate scheme that does nothing to move the crypto of the conversation forward, and in things, it takes us a huge jump back from the hard -to -win progress,” Grewal added.
The influence of a revived Coinbase lawsuits
As Coinpedia reported, American Sec’s, under the administration of Donald Trump, rejected Coinbase case with prejudice, which means that the case was constantly closed and cannot return to the court. However, the AG Oregon case against Coinbase changes dynamics in the midst of a liquid global trade war
The announcement on Friday did not adversely affect Coinbase services or on his stock market. Furthermore, the main confidence in Coinbase has grown significantly in the recent past, and the intended cryptocurrency control frame in front.
In the meantime, Coinbase has announced that he will do whatever it takes to win in the case against Oregon AG.
