- Coinbase filed for injunctive relief in Oregon over digital asset regulation transparency.
- The lawsuit targets Oregon Governor Tina Kotek and state officials for allegedly changing their stance on crypto assets in private.
- The complaint claims Oregon’s officials failed to release public documents about their regulatory decisions.
- Oregon’s Attorney General has accused Coinbase of listing over 30 unregistered securities.
- The move occurs as federal crypto legislation is under consideration in the U.S. Congress.
Coinbase filed a lawsuit on Thursday in Oregon’s Marion County Circuit Court seeking court-ordered action over the state’s handling of records related to cryptocurrency regulations. The complaint names Governor Tina Kotek and claims state officials changed their view on whether digital assets are regulated securities without public discussion.
According to the lawsuit, Oregon officials previously did not treat digital assets as securities. That changed in April 2025, when the Oregon Attorney General filed a lawsuit against Coinbase for allegedly offering more than 30 unregistered securities on its platform.
Coinbase Chief Legal Officer Paul Grewal posted on X that, “Oregon Gov [Tina Kotek], [Attorney General Dan Rayfield] and other state officials flip flopped on digital assets behind closed doors, without hearings or agency rulemaking and public comment. And now they refuse the public records that show this. To right this wrong we are taking them to court.” The complaint also states Oregon officials did not comply with state public record laws after requests from Coinbase, which involved more than 80,000 emails, according to the filing. The timeline for release could take over a year.
The lawsuit aims to address transparency concerns about how state officials made regulatory decisions regarding cryptocurrencies. It is unclear if the outcome of the public records dispute will affect Oregon’s approach to crypto regulation in the future.
Meanwhile, Coinbase and its affiliate advocacy organization, Stand With Crypto, are urging lawmakers to pass three bills on digital assets in the coming weeks. These bills address stablecoins—digital currencies pegged to stable assets—central bank digital currencies, and crypto market structure, which could reshape how Coinbase operates in the U.S.
Coinbase is known for its Freedom of Information Act requests on federal crypto policy and has made similar inquiries to agencies like the Federal Deposit Insurance Corporation (FDIC). The company’s ongoing legal efforts highlight the continuing debate between industry stakeholders and regulators about transparency and oversight in the cryptocurrency sector.
For further details, see the complaint and original reporting.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- Strategy (MSTR) Surges as Bitcoin Hits $120K Amid New Crypto Laws
- BIS Calls for Strict Policy as Stablecoins Face Mounting Criticism
- Influential Bitcoin Critic Pledditor Disappears From X Amid Rally
- NEAR Surges 6.7% as Altcoins Rally After Bitcoin Hits $123K
- Jito Tokenholders Back SubDAO to Boost JTO Value and Governance
