Crypto party: The SEC dropping a major lawsuit could open the floodgates for more deregulation
"This is not about how the litigation was going, this is about the Trump administration not wanting to go after crypto," a source told BI.
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.
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.
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 Shares Rise As SEC Moves To Drop Lawsuit: What's Going On?
Coinbase Global Inc. (NASDAQ: COIN) shares are trading higher Friday after the company announced that the Securities and Exchange Commission (SEC) plans to drop its lawsuit against the crypto exchange.
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.
Coinbase says the SEC has agreed to end enforcement case against crypto exchange
The announcement comes as the regulator is expected to be more friendly to crypto under President Donald Trump.
Coinbase scores major win as SEC set to drop lawsuit
Coinbase says the SEC has agreed to dismiss its lawsuit against the US-based crypto exchange. The SEC sued Coinbase in 2023 but with Gary Gensler’s exit, the regulator is eyeing better regulatory approach.
SEC withdraws lawsuit against Coinbase, ending years-long legal battle, firm says
The SEC has moved quickly to overhaul its approach to policing the crypto sector under Republican leadership since President Donald Trump took office.
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.
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.
‘Hugely vindicating’: SEC to dismiss lawsuit against Coinbase
Coinbase CEO claims that if firms had yielded to the SEC’s demands under Gary Gensler, it would have “killed the crypto ...
The Head of the SEC’s Crypto Task Force Wants Her Agency to Do a Lot Less Regulating
Hester Peirce says that the commission overstepped. She’s helping the Trump administration usher in a more crypto-friendly ...
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Coinbase says SEC is ready to drop enforcement case
The crypto exchange giant says the dismissal, which is still pending approval, would "right a major wrong" and pave the way ...
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Hacker Who Commandered SEC’s X Account and Then Posted About Bitcoin, Enters Guilty Plea
In January 2024, the then Chairman of the Securities and Exchange Commission (SEC) had his X account hacked. The individual ...
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Missing Gary Genser? XRP Price Crash Triggers Shift to Rival Altcoin for 27,600% Gains
The XRP price crashes even with no Gary Genser on the SEC helm. Meanwhile, investors are shifting to a new altcoin, DTX ...
Coinbase CEO says SEC to dismiss litigation against company
CEO Brian Armstrong said in a post on X, the platform formerly known as Twitter: “Great news! After years of litigation, ...
Coinbase Says the SEC Is Close to Dismissing Enforcement Case
Coinbase Global Inc. said the Securities and Exchange Commission has agreed to drop its lawsuit that accused the largest US ...