Coinbase has formally requested the DC District Court to allow the resumption of its lawsuit against the FDIC. This stems from allegations that the FDIC has not been forthcoming with important information, inhibiting legal progress since February.

The resolution of this lawsuit is critical, as it may help clarify the regulatory landscape surrounding cryptocurrency operations and financial governance as overseen by the FDIC, especially concerning the ongoing issues related to Operation Choke Point 2.0.