Coinbase Sues SEC and FDIC Over Ethereum 2.0 and Regulatory Clarity

Coinbase, the largest cryptocurrency exchange in the U.S., has filed a lawsuit against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). The litigation accuses these federal bodies of violating the Freedom of Information Act (FOIA). “Regulators have attempted to isolate the crypto industry from traditional banking infrastructure,” said a Coinbase

Source: CoinOtag