- In April, Coinbase took a bold step by suing the SEC.
- The crypto exchange has now received support from one of the most influential business organizations in the world.
- The latest support could have significant effects beyond the case.
Market participants and lawmakers have described the state of crypto regulations in the United States as hostile and confusing.
In April, Coinbase, widely considered the largest crypto exchange in the U.S., took the U.S. Securities and Exchange Commission to court in hopes of clearing this ambiguity that continues to push businesses abroad.
Coinbase has now received support from one of the most influential business organizations in the world, which has potentially significant implications.
U.S. Chamber of Commerce Files Amicus Brief in Support of Coinbase
The U.S. Chamber of Commerce has opted to support Coinbase in its lawsuit against the SEC per an amicus brief
