Coinbase Invokes ‘Major Questions’ Doctrine In Answer To SEC Complaint

( July 12, 2023, 12:25 PM EDT) -- NEW YORK — In a recent filing with a federal judge in New York, Coinbase Inc. accuses the Securities and Exchange Commission of “dramatically” expanding its authority to regulate digital assets without a congressional mandate, adopting a posture Coinbase calls “untenable as a matter of law” and one that threatens due process and the separation of powers....

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