Coinbase says Trump’s SEC has ended its enforcement case against the crypto company
8 months ago
7
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 other securities.
Coinbase had been fighting the lawsuit on the grounds that it didn’t run a securities company, likening the commodities it sells to baseball ...
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