Coinbase says the SEC has agreed to end enforcement case against crypto exchange
1. SEC drops enforcement case against Coinbase pending commissioner approval. This reduces legal risk. 2. Coinbase shares jump 4% in premarket trading. The market reacted positively immediately. 3. The case was initiated under former SEC head Gary Gensler. Trump’s administration is expected to soften crypto regulation. 4. Past SEC actions against crypto players highlight regulatory uncertainty. This update marks a potential shift in industry oversight.