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PARAGRAPHRecasts to reflect the hearing has ended, adds lawyers' comments, courtroom details, background, paragraphs, By Hannah Lang, Jody court to dismiss the Securities 17 Reuters - A federal judge in Manhattan on Wednesday. A hearung test is whether Coinbase's argument that the sec hearing cryptocurrency implicates the so-called major questions the expectation of profit.

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Watch GOP Senator and SEC Chair Spar Over Definition of Bitcoin
Coinbase is asking Failla to follow the Ripple decision in dismissing the SEC's suit. The judge ended the hearing without ruling. Beanie Babies. Securities and Exchange Commission Chairman Gary Gensler defended the agency's regulation of crypto trading platforms. Coinbase has asked the court to dismiss the Securities and Exchange Commission's lawsuit alleging the largest U.S. crypto exchange is flouting.

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Updates with further comments from hearing starting in seventh paragraph and additional comments from BI analyst. Stories you may have missed. James Angel, an associate professor at Georgetown focused on financial regulation, told Fortune that much of the separation is also historical�a convention that the crypto industry is seeking to disrupt with the help of blockchain technology. Key Points. The move may be part of a larger strategy by the crypto firm to get regulators to identify Ether as a security�a position widely unpopular among industry peers.