Coinbase maintains its stance on crypto assets as digital commodities. Following a period of inaction by the SEC under former Chair Gary Gensler, Oregon Attorney General Dan Rayfield has refiled a lawsuit against Coinbase Global Inc., alleging securities violations. This action comes just days after the SEC’s dismissal of a similar case filed during the Trump administration, and now raises questions about how this will affect bipartisan efforts to pass federal legislation for digital assets. While some legal experts anticipate that this case could hinder progress on comprehensive regulations, Coinbase argues that it is acting in good faith. The lawsuit comes against a backdrop of growing global trade tensions, adding another layer of complexity to the regulatory landscape.** Coinbase has indicated its commitment to fighting the lawsuit and navigating this uncertainty.