Bittrex Challenges SEC Authority in Crypto Lawsuit, Seeks Dismissal

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

in a current courtroom submitting, Bittrex argues that the SEC doesn’t have the authority to control cryptocurrencies as securities until explicitly approved by Congress. The argument challenges the SEC’s interpretation of present securities regulation and seeks to ascertain a clearer regulatory framework for digital belongings.

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

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