Today in crypto news, Oregon Attorney General Dan Rayfield has filed a lawsuit against Coinbase, claiming the exchange violated Oregon’s securities law by treating XRP and other digital assets as unregistered securities. This lawsuit is a response to regulatory gaps left by federal agencies during the Trump administration. Coinbase's chief legal officer expressed frustration over the claims, while legal experts warn that if ruled as securities, it may cause further confusion without binding precedent. In other news, Paul Atkins has been sworn in as the new SEC chairman, expected to take a more crypto-friendly approach than his predecessor. Furthermore, recent FEC filings show significant donations from crypto firms to Donald Trump's inauguration fund, including contributions from Solana Labs, Uniswap, and Consensys, totaling over $239 million from various companies and individuals. These actions underscore the increasing intersection of crypto and formal politics, highlighting ongoing regulatory challenges and market dynamics.

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