Coinbase's Future Uncertain as SEC and Courts Take Action

The US Securities and Exchange Commission (SEC) has been ordered by a US court to respond to Coinbase's complaint over how it applies securities laws to digital assets. Nigeria's government approved a national blockchain policy, while North Carolina's House of Representatives passed a bill prohibiting the state's agencies and institutions from accepting payments in central bank digital currencies. Additionally, the former head of product at OpenSea was convicted of money laundering and wire fraud in a federal court.