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U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record

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Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.

Inc. in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbitration, finding the company's case was"unpersuasive" and that the courts need to work those questions out when they arise.

That wasn't what Coinbase had hoped to hear. The company didn't immediately respond to a request for comment on the ruling.

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