The U.S. SEC has announced that it has dropped its civil enforcement action against Coinbase

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ODAILY
02-27
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Odaily reported that according to market information, the U.S. Securities and Exchange Commission (SEC) has announced that it has dropped its civil enforcement action against Coinbase (COIN.O). The case can be traced back to June 2023 (two years after Coinbase's listing), when the U.S. Securities and Exchange Commission sued Coinbase, accusing the company of combining the functions of broker, exchange, and clearing house, which are usually separate, in violation of U.S. securities laws.

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