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US Securities Regulator To Drop Coinbase Lawsuit

  • The US Securities and Exchange Commission (SEC) is set to drop its lawsuit against Coinbase, a major crypto trading platform.
  • Coinbase has announced that the SEC staff has agreed in principle to dismiss the case, pending a commission vote.
  • The SEC's decision to drop the lawsuit against Coinbase is seen as a significant move to reshape the country's crypto policies.
  • Dismissal of the case is expected to allow Coinbase to list more tokens and expand into areas such as staking.

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