Coinbase Prevails in Supreme Court Arbitration Lawsuit

Coinbase has won a Supreme Court ruling that allows it to continue its effort to compel arbitration against a putative class action lawsuit, halting the lawsuit's progress through the federal court system in the meantime. The ruling has little direct effect on the crypto industry, but it marks the first time a crypto company argued before the U.S. high court, and it may have implications on other lawsuits filed against the crypto exchange.