The U.S. District Court for the Southern District of New York denied Coinbase's Motion for Judgment on the Pleadings in the SEC's case against the exchange, allowing the SEC to proceed with its lawsuit. The SEC alleges that the Coinbase operates as an unregistered exchange, broker and clearing agency.
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The D.C. Court of Appeals vacated the SEC's disapproval of NYSE Arca's proposal to allow the listing and trading of shares of Bitwise Bitcoin ETP Trust and Grayscale Bitcoin Trust, both of which held bitcoin.
A U.S. District Court ruled in favor of the Board of Trade of the City of Chicago, Inc. and Chicago Mercantile Exchange, Inc. from allegations that they conspired to stop the CFTC from approving the application of a competing exchange.
The U.S. Court of Appeals for the Seventh Circuit upheld an SEC determination that the agency did not have jurisdiction to adjudicate certain claims brought by securities firms against several securities exchanges.
The U.S. Court of Appeals for the Second Circuit vacated a District Court judgment dismissing a securities fraud class action against several major securities exchanges.