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Lummis Tells 2nd Circ. SEC 'Flouts' Congress In Crypto Cases

By Aislinn Keely ( January 27, 2025, 10:19 PM EST) -- Sen. Cynthia Lummis, R.-Wyo., told the Second Circuit that the U.S. Securities and Exchange Commission's ongoing suit against Coinbase Inc. has complicated congressional efforts to set rules for digital assets, filing her support for the crypto exchange's bid for a quick ruling from the appeals court on how securities laws apply to the transactions on its platform....

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