Coinbase reveals SEC’s plans to drop lawsuit against exchange – Explained – BitRss

• Coinbase’s lawsuit could be fully dismissed by the end of February
• Policy watchers believe other SEC lawsuits could be dropped too

The United States’ SEC has agreed to dismiss Coinbase’s lawsuit pending approval by the agency. According to analysts, this would mark a regulatory shift from the spree of infamous enforcement actions seen under the previous regime. 

For his part, Coinbase CEO Brian Armstrong projected that the Commission would approve the dismissal by next week. 

“Once approved by the Commission (which we’re told to expect next week), this would be a full dismissal, with $0 in fines paid and zero changes to our business.”