<ul><li>South Carolina has officially dropped its lawsuit against Coinbase, marking another win for the crypto exchange in its ongoing legal battles over staking services.</li><li>Investors in South Carolina lost approximately $2 million in staking rewards due to the lawsuit.</li><li>Vermont was the first state to back down on the lawsuit, and South Carolina is now the second state to do so.</li><li>The Securities and Exchange Commission (SEC) dropping its lawsuit against Coinbase in February indicates a possible shift in its regulatory stance on digital assets.</li></ul>

South Carolina Drops Coinbase Lawsuit, Second State to Back Down on Staking

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