SEC closes case against Coinbase, changing approach to cryptocurrency regulation — company aims to collaborate with Congress on new legislative initiatives

The legal case in which the SEC accused Coinbase of operating an unregistered cryptocurrency exchange has been closed. The Commission has decided to change its approach to cryptocurrency regulation, announcing its intention to develop more transparent rules. This concludes a key legal battle for Coinbase, but questions about other cases remain unresolved. The company will now focus on collaborating with Congress to develop legislative initiatives aimed at creating favorable conditions for the cryptocurrency sector.