The legal dispute between the American securities regulatory body SEC and Coinbase, a leading crypto exchange, has finally come to an end. Known for its compliance with crypto trading regulations, Coinbase was accused by the SEC of violating securities laws by trading unregistered security tokens on its platform.
On February 21, 2025, Coinbase officially announced that the SEC had agreed to dismiss the case against the exchange, although the formal termination of the case is still pending. Coinbase CEO Brian Armstrong expressed that this development is not just a victory for Coinbase but for the entire crypto industry. He highlighted similar lawsuits filed against other crypto companies by the SEC, alluding to the ongoing battle for regulatory clarity in the crypto space.
Armstrong emphasized that despite the challenges, Coinbase has always prioritized customer interests and operated within the boundaries of the law. He thanked the community for their support during this time. Coinbase’s chief legal officer, Paul Grewal, echoed Armstrong’s sentiments, emphasizing the need for clear regulations to prevent future legal disputes.
The history of the Coinbase vs SEC battle dates back to 2021 when Coinbase went public. Subsequent clashes with the SEC over issues like the USDC earning program and unregistered security trading services led to a legal showdown in 2023. Other exchanges like BinanceUS and Kraken have also faced similar charges from the SEC, with Kraken recently settling a case with a $30 million fine.
Following the resolution of the legal dispute, Coinbase’s stock price experienced a bullish surge, reflecting positive investor sentiment. The current trading price of Coinbase stock ($COIN) is $258, up by 0.58% over the last 24 hours.
As always, it is important to note that the information provided here is for informational purposes only and should not be considered financial advice. Viewers are advised to consult with their financial advisors before making any investment decisions.