Coinbase asks to appeal part of case against US SEC

FILE PHOTO: A smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

WASHINGTON (Reuters) - Coinbase asked two courts for permission on Friday to appeal part of its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) in an effort to more quickly obtain a ruling on whether digital assets resemble investment contracts.

(Reporting by Hannah Lang)