SEC set to drop lawsuit against Coinbase
Coinbase, a US-based cryptocurrency exchange, is experiencing a significant development. The Securities and Exchange Commission (SEC) has reportedly agreed to dismiss its lawsuit against Coinbase. This news was shared by Coinbase in a blog post on February 21. CEO Brian Armstrong also discussed it in an interview with CNBC. Paul Grewal, Coinbase’s chief legal officer, stated that the SEC staff has agreed to dismiss the case, pending approval from the