Coinbase petitions the Court of Appeal to rule that token transactions on its platform are not securities transactions
2025-01-22 15:01:22
According to BitcoinNews, Coinbase filed an application with the U.S. Court of Appeals for the Second Circuit to rule that digital token transactions on its platform are not securities transactions subject to federal law. In its application, Coinbase said that transactions on the platform are only asset sales, and the parties to the transaction are anonymous, with no other commitments than the sale of digital assets, so there are no additional obligations between the parties. The company said that...
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