The case between SEC and Coinbase, who shook the crypto market, is entering a new era. The US Securities and Stock Exchange Commission (SEC) draws attention with its signals that it can withdraw the case against Coinbase. This development created a positive atmosphere in the crypto world. Here are the details!
Great struggle between Coinbase and SEC
Coinbase entered a challenging struggle with the case of SEC’s case in 2023. SEC argued that Coinbase should be subject to the same arrangements as stock exchanges. However, Coinbase did not accept this situation and filed against against and went to appeal.
Coinbase’s strategy was to rely on the crypto world’s allies in Congress. Thanks to this support, Coinbase has achieved legal victories and gained an important ground for crypto -friendly arrangements. Recently, the company’s legal team riveted this success with its statements to Congress.
SEC’s softening attitude attracts attention
Last week, SEC announced that he had suspended the case against Binance. Now a similar step is on the agenda for Coinbase. SEC requested 30 days to evaluate Coinbase’s appeal. This gives strong signals that the case can be completely reduced.
This softening attitude of SEC has aroused a great impact in the crypto world. If the lawsuit is fell, Coinbase will not only win legal victory, but will also have a say in shaping new arrangements.
A new era begins for the crypto world
Coinbase’s winning this case may be a turning point for the crypto industry. If the SEC is completely back, the crypto exchanges will have the opportunity to create their own regulation rules. This may recognize the sector a great field of freedom.
For investors, these changes can create a safer market environment in the long run. At the same time, new regulations can increase the institutional interest in the sector. All these developments can provide long -awaited stability in the crypto currency world. Coinbase’s move can encourage other crypto companies. New regulations can offer the opportunity to better protect users’ rights. With the rapid growth of the sector, it may be possible to create a more robust infrastructure.
