The Coinbase vs. SEC case, which is considered an important lawsuit for the digital assets industry, is likely to be paused. This follows a similar resolution in the case between Binance and the SEC. The US SEC has a deadline to determine whether digital assets on Coinbase qualify as securities, and a ruling on Friday is expected to clarify the application of existing securities laws to crypto in the US. The decision could either oppose Coinbase's request for appeal or not oppose it, indicating the commission's intention to resolve the matter. The SEC could also ask for an extension or drop the case. The global crypto market has experienced a decline in value since Donald Trump took office.



Other News from Today