Coinbase CEO Brian Armstrong announced that the SEC has agreed to drop its lawsuit against the trading platform, and the company will not be fined assuming the plan is approved. This signals a softer stance on digital assets from federal regulators under the new administration. The SEC has made several changes to its crypto agenda and has formed a crypto crime-fighting unit. This shift in approach is in line with the promises made by former President Trump to support the crypto industry. The SEC's enforcement actions against digital assets companies, including Coinbase, are expected to become a thing of the past.



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