Coinbase Armed for Legal Clash Over How Crypto Is Regulated

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Coinbase Armed for Legal Clash Over How Crypto Is Regulated
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Coinbase said it would fight the SEC’s claim that much of its business is illegal and try to convince a court that Wall Street regulators lack the authority to oversee crypto markets

WASHINGTON— Coinbase Global Inc.

said Thursday it would fight the Securities and Exchange Commission over the agency’s claim that much of its business is illegal and try to convince a court that Wall Street regulators lack the authority to oversee cryptocurrency markets.against the company.

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