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Home»Regulation»New Era Dawns on cryptographic industry with dry dismissal of Coinbase Case | Prime
Regulation

New Era Dawns on cryptographic industry with dry dismissal of Coinbase Case | Prime

March 4, 2025No Comments1 Min Read
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By Adrianne CallAdrianne Call2025-03-03T15: 51: 00

Jamming

The Securities and Exchange Commission (SEC) rejected its main file against the cryptocurrency industry, a legal action against Crypto Exchange Coinbase, signaling a subject about the agency’s application approach to digital assets under President Donald Trump.

Coinbase, the largest cryptocurrency trading platform in the world, made its debut in 2019 offering a market where investors could buy and sell hundreds of cryptocurrencies. However, the extremely volatile asset was faced with a meticulous examination during the Biden administration after many cases of high -level fraud and the collapse of the FTX.

On Thursday, the SEC said that she had rejected the case because of her priority to come to create a “complete and clear regulatory framework for cryptographic assets”, through the newly formed crypto working group.



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