GuShiio.com GuShiio.com has learned that the U.S. Securities and Exchange Commission (SEC) has announced a partnership with Coinbase Inc. and Coinbase Global Inc. An agreement was reached and it was decided to drop civil law enforcement cases against both. The SEC said that considering that its cryptocurrency working group established on January 21, 2025 is developing a clear regulatory framework, withdrawing the case will help promote regulatory reform in the crypto industry. The SEC has not yet evaluated the specific charges in the case, and the decision to withdraw the case does not represent its position on other cases. The Crypto and Emerging Technologies sector will continue to crack down on fraud involving blockchain and crypto assets.
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