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SEC Dropping Coinbase (COIN) Case Could Boost Robinhood (HOOD) Stock, Tokens Alleged as Securities

Summary by Coin Desk
The Securities and Exchange Commission (SEC) potentially dropping its Coinbase lawsuit could help boost sentiment for not only crypto tokens that were alleged as securities under the last presidential administration but also popular exchange Robinhood's (HOOD) shares.Read more: SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. CryptoWhile the SEC hasn't officially voted on the Coinbase case, it will likely be welcomed by the indus…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Coin DeskCoin Desk

SEC Dropping Coinbase (COIN) Case Could Boost Robinhood (HOOD) Stock, Tokens Alleged as Securities

The Securities and Exchange Commission (SEC) potentially dropping its Coinbase lawsuit could help boost sentiment for not only crypto tokens that were alleged as securities under the last presidential administration but also popular exchange Robinhood's (HOOD) shares.Read more: SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. CryptoWhile the SEC hasn't officially voted on the Coinbase case, it will likely be welcomed by the indus…

·Manila, Philippines
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The Daily HodlThe Daily Hodl
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Bitcoin Ethereum NewsBitcoin Ethereum News

SEC Drops Enforcement Lawsuit Against Against Top US Crypto Exchange, ‘Righting a Major Wrong’: Coinbase

The U.S. Securities and Exchange Commission (SEC) is dropping a lawsuit against the top US-based crypto exchange, according to a new Coinbase blog post. Coinbase says the SEC has agreed “in principle” to dismiss its case with Commissioner approval. According to Coinbase, the suit being dropped should be viewed as a “major win for the... The post SEC Drops Enforcement Lawsuit Against Against Top US Crypto Exchange, ‘Righting a Major Wrong’: Coinb…

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Crypto EconomyCrypto Economy

SEC Surrenders! Lawsuit Against Coinbase Set for Dismissal - Crypto Market Soars - Crypto Economy

TL;DR The SEC has agreed to withdraw its lawsuit against Coinbase, marking a major victory for the crypto industry and a shift in U.S. regulation. The decision still requires approval from an SEC commissioner, but it is expected to be ratified next week without penalties for Coinbase.  The crypto market reacts positively, with BTC price at $97,827 (+0.70%) and ETH at $2,751 (+0.75%), while other assets such as SOL also show increases. The U.S. …

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interactivebrokers.cominteractivebrokers.com

SEC Drops Lawsuit Against Coinbase Amid Regulatory Overhaul

The SEC's decision to withdraw its lawsuit against Coinbase marks a pivotal shift in the U.S. regulatory approach to cryptocurrency under new leadership

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Coin Desk broke the news in Manila, Philippines on Friday, February 21, 2025.
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