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Business & Economics

Coinbase says the SEC has agreed to drop its crypto lawsuit

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CEO Brian Armstrong called it “great news” in a post on X, saying it would be a full dismissal with no fines paid and no business changes.

The SEC argued that some crypto assets should be governed under securities laws, which firms like Coinbase opposed.

It gave over $75 million to Fairshake and other pro-crypto PACs in the last election cycle.