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Coinbase reveals SEC’s plans to drop lawsuit against exchange – Explained

Feb 22, 2025

Coinbase reveals SEC’s plans to drop lawsuit against exchange – Explained – BitRss – Crypto World News

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AMB Crypto 12 minutes ago 54

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Posted: February 22, 2025

  • Coinbase’s lawsuit could be fully dismissed by the end of February
  • Policy watchers believe other SEC lawsuits could be dropped too

The United States’ SEC has agreed to dismiss Coinbase’s lawsuit pending approval by the agency. According to analysts, this would mark a regulatory shift from the spree of infamous enforcement actions seen under the previous regime. 

For his part, Coinbase CEO Brian Armstrong projected that the Commission would approve the dismissal by next week. 

“Once approved by the Commission (which we’re told to expect next week), this would be a full dismissal, with $0 in fines paid and zero changes to our business.”

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Coinbase reveals SEC’s plans to drop lawsuit against exchange – Explained

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