Coinbase says SEC dropping enforcement case as CEO calls for end to 'bogus' actions against crypto
Coinbase announced Friday that the Securities and Exchange Commission has agreed to drop its enforcement case against the company, pending the approval of the regulator's commissioners.Shares of Coinbase rose 4% in premarket trading. In 2023, the SEC charged Coinbase with operating an unregistered securities exchange and for failing to properly register its crypto staking program. However, the case was started under former SEC Chair Gary Gensler. The commission is expected to take a more friendl...
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