United States of America: Public lawsuit challenging SEC authority over cryptocurrency regulation (Case No. 3:24-cv-00069-GFVT)
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 authority over cryptocurrency regulation (Case No. 3:24-cv-00069-GFVT)
On 14 November 2024, a coalition of 18 States filed a lawsuit against the Securities and Exchange Commission (SEC), challenging its approach to regulating the digital asset industry. The lawsuit argues that the SEC lacks authorisation to classify mo…
Event type
public lawsuit
Action type
announcement
Government branch
judiciary
Government body
court