Coinbase said Friday that the Securities and Exchange Commission has agreed in principle to drop a federal lawsuit that charged the company with illegally selling securities.

In a big change for the cryptocurrency world, President-elect Donald Trump has said he wants to use executive orders to make the regulatory environment more crypto-friendly. The most important parts of this plan are the creation of a crypto advisory council that will help the government make decisions and a request for the Securities and Exchange Commission (SEC) to get rid of expensive accounting rules that apply to holding cryptocurrencies.

Coinbase says the Securities and Exchange Commission has agreed to dismiss its case against the cryptocurrency platform, pending commission approval.

If approved, the deal would cap a nearly two-year-long legal battle between America’s largest crypto exchange and the SEC, which had been a marquee case in the federal government’s now-crumbling crackdown on crypto.

Cryptocurrency exchange Coinbase announced Friday that the Securities and Exchange Commission has tentatively agreed to withdraw its lawsuit against the company without imposing any financial penalties.

Coinbase (COIN) stock climbed 2.4% in early Friday trading after its CEO, Brian Armstrong, said the company reached an agreement with the Securities and Exchange Commission's staff to dismiss its litigation against Coinbase.

A top executive at Coinbase Global Inc. said Friday the Securities and Exchange Commission has withdrawn an enforcement action against the cryptocurrency platform, a move the executive lauded as a “victory not just for Coinbase,

H.C. Wainwright analyst Mike Colonnese notes that Coinbase (COIN) announced that the Securities and Exchange Commission has agreed to dismiss

On February 20, 2025, Brazil's Securities and Exchange Commission (CVM) authorized the Hashdex Nasdaq XRP Index Fund, marking a global first for a spot XRP ETF. Managed by Hashdex, a prominent asset manager known for its suite of cryptocurrency ETFs,

Coinbase shares rose 5% in premarket trading after the crypto company said the Securities and Exchange Commission plans to drop a two-year-old lawsuit seeking to regulate it as a stock

The Securities and Exchange Commission is laying the groundwork to wrap up the marquee crypto enforcement actions it filed during the Biden administration. One of the biggest, a case filed in 2023 [ag