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flag 2nd Circuit Court affirms Coinbase's secondary cryptocurrency sales do not violate Securities Exchange Act.

flag In a significant legal victory, Coinbase prevailed in the US Court of Appeals Second Circuit, affirming that secondary cryptocurrency sales conducted by Coinbase do not violate the Securities Exchange Act. flag The ruling marked a significant milestone for Coinbase amid ongoing legal challenges in the crypto space. flag The core dispute centered on whether cryptocurrencies traded on Coinbase constituted securities under federal and state securities laws.

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