Coinbase Case Dropped by U.S. SEC as Agency Reverses Crypto Stance

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The story "Coinbase Case Dropped by U.S. SEC as Agency Reverses Crypto Stance" was covered 15 hours ago by CoinDesk, a news publisher based in United States.

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CoinDesk 15h ago

Coinbase Case Dropped by U.S. SEC as Agency Reverses Crypto Stance - CoinDesk

Quick Summary:

A landmark legal battle for the U.S.crypto sector, the government accusation that Coinbase ran an unregistered exchange, has been entirely abandoned.

The digital assets sector didn't have to wait for the confirmation of Paul Atkins, Trump's pick to permanently run the agency.

So far, that course has seen a wave of abandoned crypto investigations and dropped cases, including against Robinhood, Gemini and ConsenSys's MetaMask, and pauses of matters involving Tron and Binance.