Bittrex Challenges SEC Authority in Crypto Lawsuit, Seeks Dismissal

2
359

Cryptocurrency trade Bittrex has filed a movement to dismiss in a authorized dispute with the U.S. Securities and Change Fee (SEC).

in a current courtroom submitting, Bittrex argues that the SEC doesn’t have the authority to manage cryptocurrencies as securities except explicitly licensed by Congress. The argument challenges the SEC’s interpretation of present securities regulation and seeks to determine a clearer regulatory framework for digital property.

Bittrex’s movement to dismiss (screenshot). Supply: CourtListener

Learn extra on Cointelegraph

See also  Crypto companies vie for Hong Kong licenses forward of retail retailer opening on June 1

Comments are closed.