coinbase

Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC

In a surprising twist, Coinbase’s legal team is citing President Biden’s recent student loan ruling to bolster their defense against the Securities and Exchange Commission (SEC). Claiming that the SEC’s lawsuit lacks clarity regarding the regulatory status of cryptocurrencies, the lawyers argue that Biden’s stance on debt forgiveness illustrates a broader trend of leniency towards innovative financial solutions. This unexpected legal move could potentially reshape the ongoing battle between Coinbase and the SEC, impacting the future of cryptocurrency regulation.