“The Agency’s WitHDRAWAL OF THE LAWSUIT CRYPTO PRICES, MARKING A MILESTONE IN US REGULATORY OVERSIGHT for the Digital Asset Industry.”, – WRITE: www.coindesk.com
Coin Jumps 5%, Hood Gains 4%, BTC Challenges $ 100k As Sec Set to Drop Case Against CoinbaseThe Agency’s WitHDRAWAL OF THE LAWSUIT CRYPTO PRICES, MARKING A MILESTONE IN US REGULATORY OVERSIGHT for the Digital Asset Industry.Updated Feb 21, 2025, 2:05 PM UTCPUBLISHED FEB 21, 2025, 2:04 PM UTC
What to Know:
- Coinbase Shares Gained 5% Pre-Market On News That Sec Is Set To Drop Charges Against the Exchange. Robinhood Added 4%.
- Tokens Alleged Securities by the Sec Also Gained As Sentiment Improved.
- Bitcoin Added to Previous Gains, Nearing $ 100,000.
Coinbase (Coin) Shares Jumped 5% Ahead of Friday Market Opening on News That Us Securities and Exchange Commission (SEC) Is Poured to Drop Charges Against the Crypto Exchange.
The Broader Crypto Market Was Also Climbing Higher with Bitcoin (BTC) Nearing $ 100,000 for the First Time Since Early February. The Coindesk 20 Index, A Broad-Market Benhmark, Was Up 1.7% Over The Past 24 Hours. Tokens that Sec Characterized as Securities in Previos Lawsuits Initated Urder Former Chair Gary Genser’s Leadership ADVANCED AS SENTIMENT IMPROVED.
The Agency’s Potential Withdrawal Marks A Milestone of US Regulatory Improvements for the Digital Asset Industry that Could Could Boost Crypto Prices and Stocks Related to Digital Asset.
Krisztian SandorKrisztian Sandor is a US Markets Reporter Focussing on Stablecoins, Tokenization, Real-World Assets. He Graduated from New York University Business and Economic Reporting Program Before Joinger. HE HOLDS BTC, SOL AND ETH.
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