Dry adds Coinbase to his list of high -level business recently rejected

The American Securities and Exchange (SEC) commission announced on February 27, 2025, its decision to reject the case of a civil service against Coinbase.

Last week, the regulatory agency intended to publicly close the legal dispute against Coinbase. The agency launched the trial in 2023. It accused Coinbase of operating as a non -registered securities scholarship and facilitating the trade of at least 13 cryptographic tokens. The authority then declared that Coinbase should have recorded these tokens as titles.

The president of the SEC, Mark Uyeda, said: “It is time for the Commission to rectify his approach and to develop more transparent of cryptographic policy.” The remarks of Uyeda intervened while the lawyers representing the SEC filed a request in rejection of the Coinbase affair.

It’s official: the rejected affair.

Time for fair legislation for the entire industry. pic.twitter.com/frszvx4sbk

– Coinbase (@Coinbase) February 27, 2025

The rejection of this case, however, does not mean that the SEC is free from other legal questions by considering Coinbase.

Some of their other legal tangles with Coinbase include Coinbase petition to force the dry to establish crypto rules and their intentions to grasp internal dry documents from which it could glean the agency’s deliberations on their approach to digital assets.

For Coinbase, the case concerning the creation of cryptographic rules is of absolute priority. The company has raised relevant legal issues, such as what makes cryptographic security and when and how an exchange of digital assets could register with the SEC.

These fundamental questions have not yet been answered. We hope that the US Congress will be able to provide solutions in the future.

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SECTIONS of remote cases since the new dry leadership has taken care of

Since the arrival of the administration of the American president Donald Trump, the agency has rejected several high -level legal affairs, reporting a change in their application strategy. In February alone, a total of eight companies, including Coinbase, saw their cases abandoned by the regulatory agency.

On February 28, 2025, the SEC rejected the case against Metamask de Consensys. The agency had previously accused the Violation Company of titles linked to its ignition services and the Crypto exchange characteristics.

The trial brought in 2023 against Justin Sun’s Tron was also interrupted this week. The regulatory organization accused Sun and its securities violation companies. Although the details have not been made public, the request to suspend the procedure suggests that a regulation is due.

Gemini’s Geaga loan program had drawn the attention of the dry, leading to a trial in 2023. The agency said that the program had allowed offers and sales of unregistered securities. Recently, the SEC announced that it had closed its investigation into the issue and would not pursue implementing measures.

The agency also closed its investigation into Opensea last week. The company was accused of having violated the laws on securities thanks to the sale of NFTS on their platform in 2024.

Robinhood announced that the SEC had officially abandoned its probe on the alleged violations of security laws following the advice of well in May 2024.

The SEC also rejected their file against Uniswap. The company had received a Wells notification in April 2024 concerning its trading and exchange services of crypto.

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Leadership coating under the Trump administration

The dry under Trump has gone from the hard line application policies of the last administration to Pro-Crypto regulatory policies. The change in the agency’s earthworks was immediately noticeable after the departure of the previous management. More specifically, after the departure of the skeptical crypto Gary Gensler, the previous president of the SEC.

The temporary dry chair, Mark Uyeda, promoted by Trump, immediately started to retreat the previous position of the agency on the crypto. In addition, Uyeda also began to revise the legal officials of the SEC who did not believe in the pro-Crypto position of the agency.

Uyeda appointed Commissioner Hester Peirce, a republican colleague, to manage the working group on the cryptography of the dry. Uyeda and Peirce were criticized by the approach of people to the cryptographic industry.

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The dry job adds Coinbase to its list of high -level business recently rejected compared to 99Bitcoins.

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