Judge's New SEC V. Coinbase Ruling Raises U.S. Crypto Policy Questions [Forbes]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: Forbes
oversight of the SEC, April 18, 2023, on Capitol Hill in Washington. Two lawsuits filed by the U.S. Securities and Exchange Commission against the world's biggest cryptocurrency exchanges, Binance and Coinbase, have reopened tensions between the government and a volatile industry that has been marred by scandals and market meltdowns. (AP Photo/Jacquelyn Martin, File) Today, U.S. District Court Judge Katherine Polk Failla ruled on a motion for judgment on the pleadings in the ongoing SEC v. Coinbase trial, a court case that has major repercussions for the crypto industry in the U.S. Key highlights in the opinion with implications to US crypto policy include whether the SEC is overstepping its authority under the Major Questions Doctrine, violating the due process rights of Coinbase, and appropriately applying the well-known SEC v. Howey test in the context of crypto-assets as opposed to traditional securities. Coinbase had been contending in its motion that the SEC overstepped its
Show less
Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COIN alerts
High impacting Coinbase Global, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
COIN
News
- Sen. Warren challenger goes to bat for Coinbase, crypto industry in SEC lawsuit [Yahoo! Finance]Yahoo! Finance
- Consensys Suit Is Pressing The SEC On Ether's Security Status [Forbes]Forbes
- Sen. Warren challenger goes to bat for Coinbase, crypto industry in SEC lawsuit [FOX Business Network]FOX Business Network
- Warren Rival for Senate Race John Deaton Argues for Coinbase in SEC Challenge [Yahoo! Finance]Yahoo! Finance
- U.S. Stablecoin Bill Would Rein In Tether, Boost Coinbase And Circle, Outlaw Algorithmics [Forbes]Forbes
COIN
Earnings
- 2/15/24 - Beat
COIN
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form ARS
- 4/25/24 - Form DEF
- COIN's page on the SEC website