Federal Judge Clears Path for Coinbase to Delist wBTC Token Amid Industry Scrutiny
In a notable legal development, U.S. District Judge Araceli Martínez-Olguín from the Northern District of California has ruled in favor of Coinbase Global Inc., allowing the cryptocurrency exchange to proceed with its plan to delist the wBTC token. The decision came after BiT Global Digital Ltd. raised objections to the delisting. The judge remarked, “Ultimately,…