Coinbase responds to Oregon Securities lawsuit, highlighting its lack of basis and supporting federal digital asset legislation
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According to the Coinbase blog, Coinbase responded to the securities enforcement action initiated by the Oregon Attorney General, saying the lawsuit is as unfounded as the SEC that previously filed a lawsuit against Coinbase and uses an outdated theory that has been dismissed. Coinbase said it will do its best to respond to litigation, defend industry and user rights, and support federal digital asset legislation to regulate the industry, and stressed that Oregon’s actions hinder the progress of the crypto industry.
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