What type of news does CryptoWeekly cover?

CryptoWeekly covers cryptocurrency market updates, blockchain technology developments, and regulatory news.

How often is the news section updated?

CryptoWeekly updates its news section daily with the latest developments in the crypto industry.

Can I contribute news articles to CryptoWeekly?

Yes, guest contributions are welcome. Contact our editorial team to submit your article.

Is CryptoWeekly news biased?

CryptoWeekly strives to provide unbiased, factual, and up-to-date cryptocurrency news.

Business

Oregon AG’s Lawsuit Targets 31 Cryptocurrencies

Just before Coinbase launched CFTC-regulated XRP futures on its U.S. derivatives platform, the Oregon Attorney General (AG) filed a lawsuit claiming that 31 cryptocurrencies, including XRP, UNI, LINK, AAVE, and MKR, are unregistered securities.

Haider Jamal
April 22, 2025

XRP Not A Security

The lawsuit expands on the SEC’s original complaint, which listed 13 tokens, and accuses Coinbase of offering them as investment contracts through its platforms.

Source: X (@Belisarius2020)

Notably, the case includes XRP, despite Coinbase delisting it after the SEC sued Ripple in December 2020 and only relisting it after a July 2023 ruling that XRP is not a security.

Renewed Debate

The lawsuit comes as Coinbase recently began offering XRP futures trading, signaling confidence in the token’s regulatory status.

Additionally, the lawsuit has also sparked renewed debate over the legal classification of digital assets in the U.S.

Join Our FREE Newsletter

Subscribe to stay informed and receive latest updates on the latest happenings in the crypto world!

By submitting this form, you are consenting to receive marketing emails from: Crypto Weekly. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact