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SEC Announces Dismissal of Civil Enforcement Action Against Coinbase

U.S. Securities and Exchange Commission

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    The SEC announced a joint stipulation to dismiss its civil enforcement action against Coinbase on February 27, 2025. It attributed the decision to its changing crypto regulatory approach, explicitly not to an assessment of the claims' merits.

    Opening paragraph and explanation of dismissal

    SEC drops civil enforcement case against later-disclosed ballroom donor Coinbase · SEC announced joint stipulation of dismissal