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The U.S. Supreme Court on Thursday rejected an argument by Coinbase over a case involving the cryptocurrency exchange's 2021 dogecoin sweepstakes that prompted a lawsuit. Why it matters: The ruling marks a new era for consumer protection across the business landscape, with the crypto case largely perceived as a bellwether, according to experts. Zoom in: The ...
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It's been a heck of a ride over the past few years for digital asset markets. The November 2022 collapse of once-dominant cryptocurrency exchange FTX had a chilling effect on investor enthusiasm, and harsher regulatory scrutiny in the sector became the norm. But thanks in large part to the long-term promise of "Web 3.0" technology and fintech innovations – ...