Coinbase says SEC staff agrees to leave a lawsuit against Crypto Group
Be informed about free updates
Simply log in to Crypto currency Myft Digest – delivered directly to your arrived mail.
Coinbase said that the staff of the US security regulator regulator agreed to give up a significant lawsuit against the exchange of the CRIPTO currency agency, in a move that signaled a friendly regulatory approach to the digital property to Donald Trump’s Presidency.
The staff of the Securities Commission and the principles agreed to reject the case, which claimed that the Crypto company had violated the US Securities Law. The decision is “subject to the approval of the commissioner,” he said Coin in his statement on Friday.
“This is a victory not only for Coinbase, but also for our customers, the United States and the freedom of individuals,” Crypto Exchange said.
Coinbase shares rose 2.5 percent shortly after the Bell Wall Street opening on Friday.
The Securities Commission refused to comment.
This is a development story
Additional reporting Stefania Palma