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Coinbase says the SEC has agreed to end enforcement case against crypto exchange

The Securities and Exchange Commission plans to dismiss its lawsuit against Coinbase, which accused it of acting as an unregistered securities broker.
Coinbase CEO Brian Armstrong stated that the SEC's decision to drop the lawsuit is an important signal for regulatory clarity in America.
The SEC is expected to approve the dismissal of the lawsuit next week, and Coinbase will not face any fees or fines.
The dismissal of the lawsuit may reflect the Trump administration's promise to ease regulations on the cryptocurrency industry.

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TechCrunch

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technewstube.com

Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit – and beat it

Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again.

10 hours ago·United States

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Semafor

Coinbase says SEC agreed to end its lawsuit in a major win for the crypto industry

The NewsThe US’ largest cryptocurrency exchange Coinbase said Friday that the US Securities and Exchange Commission “agreed in principle” to dismiss its lawsuit against the company, ending a contentious case that crypto insiders had warned could be existential for the industry.In 2023, the SEC charged Coinbase with operating an unregistered securities exchange that it argued put users at financial risk. The lawsuit was the agency’s most signific…

11 hours ago·New York, United States

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New York Post

Coinbase says SEC to toss crypto lawsuit

Top digital currency platform Coinbase said on Friday that federal regulators will toss a lawsuit brought during the Biden administration that sought to tighten its grip on crypto assets.

14 hours ago·New York, United States

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Engadget

Coinbase says Trump’s SEC has ended its enforcement case against the crypto company

Coinbase says that the SEC has agreed to end an enforcement case that accused it of illegally running an unregistered securities exchange. This could signal a major change in how the US government will enforce the crypto market now that Trump is in office. The lawsuit, which was filed during the Biden administration, has long-been considered an attempt to bring the crypto industry under the same investor-protection rules that govern stocks and o…

15 hours ago·United States

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CNN

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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.

15 hours ago·Atlanta, United States

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