The Attorney General of Oregon has submitted a motion to retain the lawsuit against Coinbase within the state court system, countering the cryptocurrency exchange's attempt to transfer the case to federal court.
This development comes amid broader discussions regarding regulatory challenges in the cryptocurrency sector, with Oregon emphasizing the necessity of handling this case at the state level.
In related news, the International Monetary Fund has rejected Pakistan's proposal to subsidize electricity for cryptocurrency mining, citing concerns over potential market destabilization.
