Is Judge Failla’s View on Crypto Commodities Shaping the Future of Regulation? 🤔️
Judge Katherine Polk
#Failla overseeing the SEC's Coinbase lawsuit, she dismissed a class action case against Uniswap. She referred to Ether and
#bitcoin as "crypto commodities," a key aspect in her decision.
This adds to her history with crypto cases, including Tether and Bitfinex. Not a direct classification, her statement aligns with a judge's ruling on
#XRP as a security.
Meanwhile, the SEC and CFTC vie for crypto jurisdiction; bills in Congress seek regulatory clarity.
Failla's perspective on crypto commodities seems pivotal in shaping the evolving regulatory landscape.
#Binance #crypto2023