The U.S. Securities and Exchange Commission (SEC) has decided to dismiss its lawsuit against Coinbase, which alleged that the exchange was operating unlawfully. This move is seen as a significant shift in the regulatory environment, especially considering the SEC’s previous stance on crypto platforms. Coinbase welcomed the decision, emphasizing the need for clear legislation to guide the industry and prevent inconsistent regulatory actions. This ruling is viewed as part of a broader trend toward a more crypto-friendly regulatory landscape under the current U.S. administration.
“KuCoin Takes Steps to Comply with EU Crypto Regulations, Submits MiCA Application in Austria”
Global exchanges are facing mounting pressure to conform to the MiCA regulations or forfeit access