Coinbase Sues Oregon Governor Over Crypto Policy Change – Details
Main Idea
Coinbase has filed a lawsuit against Oregon State Governor Tina Kotek over a sudden change in the state's crypto policy, alleging lack of transparency and public consultation.
Key Points
1. Coinbase alleges that Oregon's new anti-crypto policy was adopted without public hearings, debate, or stakeholder consultation.
2. The lawsuit follows Oregon AG's charges against Coinbase in April 2025, similar to the SEC's 2023 case which was later dropped.
3. Coinbase VP Ryan VanGrack claims the policy change blocks Oregonians' access to crypto markets and questions the lack of transparency.
4. The legal action coincides with US Congress efforts to establish a crypto regulatory framework, including the upcoming GENIUS legislation vote.
5. Coinbase seeks public records to justify the policy shift, emphasizing the need for regulatory clarity and due process.
Description
Coinbase has filed a lawsuit against Oregon State Governor Tina Kotek over an abrupt change in the state’s policy on the regulation of digital assets. This lawsuit comes as a response to Oregon’s initial suit accusing the American exchange of operating as an unregistered securities issuer and trading platform. Coinbase Vs. Oregon In an X post on July 11, Coinbase Chief Legal Officer Paul Grewal shared ongoing efforts by the crypto exchange to direct the Oregon State Governor Tina Kotek and Attor...
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