Coinbase Says S.E.C. Will Drop Crypto Lawsuit

Coinbase Says S.E.C. Will Drop Crypto Lawsuit

The cryptocurrency exchange Coinbase said on Friday that the Securities and Exchange Commission had agreed to drop its lawsuit against the company, lifting a legal cloud over the global crypto industry and signaling a broader retreat by federal regulators. Coinbase, in a post on its website and in a regulatory filing, said it had reached…

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