Coinbase sues Oregon governor for public records related to changes in cryptocurrency regulatory policies

ChainCatcher news, Coinbase has filed a lawsuit against Governor Tina Kotek in the Marion County Circuit Court of Oregon, demanding the disclosure of public records related to the sudden shift in cryptocurrency asset regulatory policy.

Coinbase pointed out that the Oregon government abruptly changed its long-standing policy position in April 2025 and sued Coinbase without public participation, claiming that the trading of 31 digital assets on its platform constitutes regulated securities transactions.

Coinbase emphasized that this policy change affects hundreds of thousands of digital asset holders and traders in Oregon, but the entire process lacked public discussion or rule-making procedures. The company stated that this lawsuit is not aimed at the Attorney General's accusations against Coinbase itself, but rather revolves around whether the state government violated public records law by failing to disclose information behind its new regulatory stance.