United States of America: Public Lawsuit challenging SEC power to issue cryptocurrency asset classification
Progress
Current status
under deliberation
14 Nov 2024 under deliberation
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
judiciary
Government Body
court
Implementation Level
national
Timeline of events
Announced public lawsuit challenging SEC power to issue cryptocurrency asset classification
On 14 November 2024, eighteen US states and DeFi Education Fund filed a public lawsuit against the Securities and Exchange Commission (SEC) in the United States District Court for the Eastern District of Kentucky Frankfort Division, alleging that th…
Event type
public lawsuit
Action type
announcement
Government branch
judiciary
Government body
court