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Coinbase says Trump’s SEC has ended its enforcement case against the crypto company
Trump’s SEC Drops Lawsuit Against Coinbase, Delivering Victory to Crypto Giants
U.S. President Donald Trump’s Securities and Exchange Commission has delivered a significant victory to the cryptocurrency industry by agreeing to drop a major lawsuit against Coinbase, a crypto exchange platform company that spent heavily on the 2024 election and donated a million dollars to President Donald Trump’s inauguration.
SEC's Coinbase Reversal Is Only the Latest Pro-Crypto Shift Under Trump
Coinbase posted its strongest quarter of earnings in over a year in Q4, as crypto prices and trading surged after the election of US President Donald Trump. Coinbase’s Feb. 13 financial results show the firm hit total revenue of $2.
President Donald Trump has adopted Silicon Valley’s mantra of “move fast and break things,” leaving uncertain companies grappling with a potentially expanding trade war, slews of executive orders, and no end of legal questions.
Citadel, Sec and Crypto
It’s not just Coinbase Global Inc.’s stock that has soared following Donald Trump’s election victory. A Coinbase convertible bond has mirrored the crypto-trading portal’s postelection stock surge, according to the latest data from data-solutions provider BondCliQ Inc.
The head of Coinbase says that the proceedings by the US Securities and Exchange Commission (SEC) against his company are over. But this is not confirmed yet.
USA TODAY on MSN11d
Stock market rallies to close on relief Trump stops short of imposing reciprocal tariffsS&P 500, Dow and Nasdaq end up after Trump holds off on reciprocal tariffs, avoiding a trade war that could slow the economy and fan inflation.
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