Coinbase challenges SEC on investment contract definition

Coinbase filed a preliminary appeal against the U.S. Securities and Exchange Commission (SEC). The appeal poses the question of how the SEC construes “investment contract” within the digital asset context. The appeal is made in order to obtain an authoritative court decision that would help define the regulatory environment for cryptocurrencies in the US. Bill […] source: https://www.cryptopolitan.com/coinbase-challenge-sec-investment-contract/