Binance has sought the dismissal of a CFTC lawsuit that accuses the company of providing unlawful commodities trading products to residents of the U.S..
The SEC countered a previous filing by Coinbase, asserting that the regulator possessed inadequate jurisdiction to initiate a lawsuit.
The agency's opportunity for public input is coming to an end regarding its proposal to broaden the scope of exchanges, encompassing a significant portion of decentralized finance. However, the crypto sector is expressing its opposition to this expansion.
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