Crypto News Today: Coinbase Clashes with Oregon Over Crypto Rules
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The post Crypto News Today: Coinbase Clashes with Oregon Over Crypto Rules appeared first on Coinpedia Fintech News Coinbase is fighting back against a lawsuit from the state of Oregon, arguing that the case should be handled in federal court and not at the state level. The crypto exchange says the case deals with national issues that could affect how digital assets are regulated across the U.S. Paul Grewal, Coinbase’s Chief Legal Officer, explained the company’s stance on X (formerly Twitter), saying, “Federal issues belong in federal court.” Federal issues belong in federal court. That’s why today we opposed the Oregon AG’s effort to bury its unwarranted case against @coinbase in state court. This attempt to override federal decisions about the future of digital assets would be a huge step backward that only harms… — paulgrewal.eth (@iampaulgrewal) July 17, 2025 He accused Oregon of trying to sidestep broader federal decisions about crypto by keeping the case in a state court. “This would be a huge step backward that only hurts consumers,” he added. Why Is Oregon Suing Coinbase? Earlier this year, Oregon Attorney General Ellen Rosenblum sued Coinbase, claiming it broke state laws by offering unregistered securities to Oregon residents. This move is part of a wider effort by some U.S. states to take the lead on crypto regulation as they feel the federal government hasn’t done enough. But Coinbase says Oregon is overstepping. The company argues that this lawsuit challenges national standards on how digital assets are treated, especially regarding whether they count as securities under federal law. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display:…
Filed under: News - @ July 17, 2025 9:25 am