Federal southern district of New York Judge Katherine Polk Failla heard arguments during a five-hour hearing Wednesday afternoon in a case that could decide the regulatory future of the $1.7 trillion cryptocurrency industry. Lawyers for the U.S's largest crypto exchange Coinbase argued that the courts should dismiss an SEC lawsuit allegking that the US's largest crypto exchange violated securities laws by operating as an "unregistered broker dealer" in buying and selling similarly unregistered digital assets. Wall Street's top cop, the SEC, asked her to rule against Coinbase's motion to dismiss because the company, ... (full story)