The coin case lowered the American sec because the agency reverses the crypto apartment

The coin is exempt from long-term legal battles with US commission securities and substitutes as agencies agreed to drop the case It was among the core bugs in the industry in the Federal Court.

Although the intention of SEC is to agree to exclude legal spore but went public when US Cripto Exchange announced the deal last weekThe commissioners had to throw a formal vote to ask the federal judge to throw the switch. The release was done in such a way that the regulator cannot be changed later.

“It’s time for the Commission to correct his approach and develop crypto policy in a more transparent way,” he said in a statement. Already lawyers for that applied to reject the case

The discharge of this main case does not release a second from other legal matters, including the applicant to establish the Crypto rules and conduct coinbase for internal documents in the current work of the Exchange in order to approach digital property.

But this case of execution was the highest legal concern for the American public enterprise and asked to raise central legal issues about what makes crypto security and when (and as) digital funds should be registered in the agency. These basic issues continue to wait for the answers that must now ensure Congress of the United States.

Once the Secure Social Chair, Gari Gensler – Interim President Donald Trump, Mark Uieda, began to review the legal officers of the Agency and her apartment on digital property. Uieda appointed a colleague of the Republic Commissioner of Hester Peir to launch a coupling group of the Agency, and both were vocal critics of the way Gesler approached the industry.

The digital property sector did not have to wait for the confirmation of Paul Atkins, Trump I choose to run the agency permanently. I Uieda and Peict served as his advisers when he was a trustee in seconds, so he was expected to be on the course he would hold. So far, this course has a video wave of abandoned crypto research and rejected cases, including Maja, Gineness and Metamas Consensis and break things that include throne and binance.

The regulator no longer maintains the interpretation of the so-called US Supreme Court test that it was said that many crypto projects were qualified as securities.

The sec’s changed view on coinbase, which coindesk was first to report the exchange side to shift its washington focus toward congress and legislation, chief legal officer paul grewal told coindesk in a previous interview. The company is among the digital means leading the creation and deployment of FAIRSHAKA PAC in 2004 elections, collectively dedicated to more than $ 160 million to effort to choose cryptes for crypts in the office. Now coincaps wants to get a return to this investment to the regulations that is considered favorable.

FAIRSHAKA PAC, who shook the world financial world with the falling levels of consumption, is still on it, dabhing in special elections, because it is prepared for the 2026 cycle. Years.

Read more: SEC is ready to drop the lawsuit for which, marking a great moment for us cripto