United States of America: Announced public lawsuit challenging SEC authority over cryptocurrency regulation (Case No. 3:24-cv-00069-GFVT)
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
judiciary
Government Body
court