On January 8th, COINOTAG News reported a pivotal **legal development** for Coinbase. The U.S. Judge Failla has officially granted Coinbase’s motion for an **interlocutory appeal**, effectively pausing the district court proceedings. This ruling allows Coinbase to take its case to the **Second Circuit Court of Appeals** concerning the allegations made by the SEC. The **Securities and Exchange Commission** previously accused Coinbase of breaching federal **securities laws** by functioning as an unregistered exchange and broker-dealer. Additionally, the SEC claimed that the company was unlawfully marketing unregistered securities through its lending service. This recent judicial decision marks a critical moment for Coinbase, providing an opportunity to contest the government’s assertions and potentially shape the future landscape of **cryptocurrency regulation** in the United States.
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