Coinbase leads Oregon’s state officials due to the reflection of the sudden encryption policy star-news.press/wp

Coinbase filed a lawsuit against senior officials in Oregon, including Prosecutor Dan Rivild and Governor Tina Cotik. The company claims that the sudden change of Oregon in the policy related to the encrypted currency is the result of decisions behind the scenes, without general listening sessions or appropriate rules.

The lawsuit, which was filed on Thursday, seeks to obtain records under the General Records Law in Oregon to understand the reasons for this sudden shift in politics.

Coinbase is looking for transparency from Oregon officials

There Legal depositCoinbase requests detailed documents on the sudden reflection of the state on the encrypted currency policy. For years, state officials have advised the residents of Oregon that digital assets, including the cryptocurrency, have not been organized as securities.

However, in April, the Oregon Public Prosecutor filed a lawsuit against Coinbase, accusing the platform illegally by failing to register with the US Securities and Stock Exchange Committee (SEC) or the Oregon Ministry of Consumer and Business Services.

Coinbase argues that the state’s decision was unexpectedly, without any legislative action or public discussion. The company claims that the ruler Kotik and other officials should provide transparency about the logical basis behind changing politics. “Sunlight is the best antiseptic, and transparency is the distinctive feature of good governance,” said Ryan Fangrak, Vice President of Counter in Coinbase.

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Calvin Monnem Milith

Kelvin Monin is an encoding and financial journalist with more than 5 years of experience, and provides an analysis in the in -depth market and expert suspension. With a Bachelor’s degree in Press and Actura from Mount Kenya University, Kelvin is famous for his accurate research and strong skills in writing, especially in cryptocurrencies, financial markets and financial markets. His work was shown via the best industrial publications such as Coingepe, Cryptobasic, Metanews, Cryptotimes, Coinits, Thecoinrepublic, Cryptotale, and Analytics Insight among other things, as it offers timely updates and insightful content. Kelvin’s focus lies in detecting the emerging trends in the encryption space, as it provides realistic data -based analyzes that help readers make enlightened decisions. His experience extends through market courses, technological innovations and organizational transformations that make up the scene of encryption. Besides his professional accomplishments, Kelvin is passionate about chess and travel and exploring new adventures.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Why confidence: Coingaape: Coingepe has covered the coded currency industry since 2017, with the aim of providing useful visions to our readers. Journalists and analysts bring years of experience in market analysis and Blockchain technology to ensure realistic accuracy and balanced reports. By following our editorial policy, our book is achieved from every source, and verifies each story, and they depend on the reputable sources, quotes and media properly. We also follow a strict review methodology when evaluating exchanges and tools. From Blockchain projects emerging and launching operations to industry events and technical developments, we cover all aspects of the area of ​​digital assets with a fixed commitment to the relevant information in time.

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