Coinbase says SEC will toss crypto lawsuit brought under Biden admin
The move comes after pressure from President Donald Trump, who demanded a lighter-touch approach to regulating cryptocurrencies.
Coinbase Says SEC Will Drop Lawsuit Against Crypto Exchange—Citing Change In ‘Political Leadership’
The Securities and Exchange Commission has agreed to drop its lawsuit against Coinbase, following what the crypto exchange said was a change in “political leadership” at the agency, which accused Coinbase of failing to register as a securities exchange under the Biden administration.
Coinbase says SEC agrees to toss lawsuit, signaling end of crypto battle
If approved, the deal would cap a nearly two-year-long legal battle between America’s largest crypto exchange and the SEC, which had been a marquee case in the federal government’s now-crumbling crackdown on crypto.
Coinbase Says SEC Has Agreed to Dismiss Case Against It, Pending Commission Approval
Coinbase says the Securities and Exchange Commission has agreed to dismiss its case against the cryptocurrency platform, pending commission approval
Coinbase says SEC agrees to right ‘major wrong’ and dismiss consequential lawsuit against crypto exchange
The regulator sued the U.S.’s most prominent crypto exchange in June 2023 for allegedly flouting securities laws.
Coinbase says SEC will drop case that ‘could have killed the crypto industry in America’
Coinbase, America’s largest cryptocurrency exchange, said Friday that the Trump administration has agreed to drop a major lawsuit that would have broad ramifications for the crypto industry. It comes as the new Trump administration has promised to deregulate digital currencies like bitcoin.
US securities regulator to drop lawsuit against Coinbase, firm says
Coinbase said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector.
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