News View Non-AMP

Crypto News Today: Coinbase Clashes with Oregon Over Crypto Rules

Published by
Anjali Belgaumkar and Qadir AK

Coinbase is fighting back against a lawsuit from the state of Oregon, arguing that the case should be handled in federal court and not at the state level. The crypto exchange says the case deals with national issues that could affect how digital assets are regulated across the U.S.

Paul Grewal, Coinbase’s Chief Legal Officer, explained the company’s stance on X (formerly Twitter), saying, “Federal issues belong in federal court.”

He accused Oregon of trying to sidestep broader federal decisions about crypto by keeping the case in a state court. “This would be a huge step backward that only hurts consumers,” he added.

Why Is Oregon Suing Coinbase?

Earlier this year, Oregon Attorney General Ellen Rosenblum sued Coinbase, claiming it broke state laws by offering unregistered securities to Oregon residents. This move is part of a wider effort by some U.S. states to take the lead on crypto regulation as they feel the federal government hasn’t done enough.

But Coinbase says Oregon is overstepping. The company argues that this lawsuit challenges national standards on how digital assets are treated, especially regarding whether they count as securities under federal law.

Coinbase’s Federal Role at Risk

Coinbase also said that it helps the U.S. Marshals Service manage seized crypto assets, and that Oregon’s lawsuit could make it harder for the government to rely on Coinbase for those services. “If every state did this, the U.S. Marshals wouldn’t have a reliable national platform,” the company said.

Bigger Picture: Federal Shift Underway

Coinbase’s argument is backed by recent federal moves to clarify crypto rules. Earlier this year, the SEC dropped its own lawsuit against Coinbase and announced plans for clearer guidelines. Meanwhile, Congress is working on new legislation that could finally define how digital assets are handled across the country.

For now, the court hasn’t decided whether Oregon’s case will stay in state court or be moved to federal court. But the outcome could shape how crypto regulation works in the U.S. for years to come.

FAQs

What is Oregon’s Attorney General suing Coinbase for?

Oregon’s Attorney General sued Coinbase, alleging it violated state laws by offering unregistered securities to Oregon residents, part of a broader state effort to regulate crypto.

How could this lawsuit impact Coinbase’s federal role?

Coinbase claims the lawsuit could hinder its ability to help the U.S. Marshals Service manage seized crypto, disrupting a reliable national platform.

What is the significance of the Oregon vs. Coinbase lawsuit?

The outcome of the Oregon vs. Coinbase lawsuit could significantly influence the future of crypto regulation in the U.S., shaping state versus federal authority.

Anjali Belgaumkar and Qadir AK

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Hyperliquid (HYPE) Coin Price Predictions are Strong, Yet Crypto Whales Prefer This GambleFi Utility

What’s the story behind whales shifting capital to utility-first altcoins? While Hyperliquid is drawing ambitious…

August 7, 2025

Pi Network Price Analysis: Is Pi Coin A Good Bet For Altcoin Season? Experts Are Favoring This Viral Gem

Pi coin’s narrative as a community-driven project is losing steam, especially as institutional capital increasingly…

August 7, 2025

Why is the Crypto Market Going Up Today? XRP Price Hits $3, ETH Rallies

The crypto market is seeing strong upward movement today, with prices climbing across major coins.…

August 7, 2025

XRP, Remittix, and Ethereum Price Predictions For August 2025

It is August 2025 and the cryptocurrency market is changing, so investors are observing the…

August 7, 2025

Ethena Price Aims $1 With Golden Cross & Whales Stashing Big

The Ethena price is making waves in Q3, which are mainly fueled by whale accumulation,…

August 7, 2025

Ripple Buys Rail for $200M to Boost Its Stablecoin Payments Power

Ripple has made a bold move to strengthen its position in the crypto world, and…

August 7, 2025