- Coinbase is stepping up its legal battle with the SEC, demanding the release of internal agency documents regarding the classification of cryptocurrencies as securities.

- A historical association hired by Coinbase has filed a lawsuit in federal court to gain access to these documents, citing the Freedom of Information Act.

- The SEC previously denied the request, citing an ongoing investigation, but that reason may now be invalidated.

- Coinbase argues that internal SEC communications should be publicly available and could impact future regulation of digital assets in the U.S.