SEC Drops Coinbase Securities Lawsuit Thanks to POTUS Trump: 'It's a Great Day For Crypto'
The Biden administration's SEC, led by its chair, Gary Gensler, made significant landmark cases against the crypto industry. The SEC has pursued the likes of Coinbase, Binance and its CEO, Changpeng Zhao, eToro, Ripple Labs, NFT platforms like OpenSea, and more companies, which has become something that Trump wanted to change.
SEC’s “scorched-earth” lawsuit against Coinbase to be dropped, company says
According to Coinbase chief legal officer Paul Grewal, the US Securities and Exchange Commission (SEC) plans to drop its lawsuit against the largest US cryptocurrency exchange, as the agency shifts to embrace Donald Trump's new approach to regulating cryptocurrency in the US.
Coinbase CEO claims that if firms had yielded to the SEC’s demands under Gary Gensler, it would have “killed the crypto ...
Coinbase Global Inc. said the Securities and Exchange Commission has agreed to drop its lawsuit that accused the largest US ...
The announcement comes as the regulator is expected to be more friendly to crypto under President Donald Trump.
More tokens could be added to exchanges, increasing their trading revenue. This might also open the floodgates to crypto ...
The company says the U.S. government has more to do to foster crypto innovation, and an analyst notes there are still ...
Crypto exchange Coinbase believes the US Commodity Futures Trading Commission (CFTC) should be granted full authority over ...
Coinbase has launched SOL futures contracts on its regulated derivatives platform to help accelerate the adoption of Solana.
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