(Finance) – Coinbaseonline platform for the purchase, sale and transfer of cryptocurrencies, made it known that Securities and Exchange Commission staff staff (Sec) has accepted in principle to archive the case Against society (this is subject to the approval of the commissioner), correcting what coinbase calls “a serious wrong”.
“We have always claimed to be right on the facts and the law and the announcement of today confirms that This case should never have started“, we read in a note.
Coinbase is listed on the stock exchange in April 2021. As part of that process, the century examined the company model and the S1 information and allowed the company to listen to. Two years later, however, she sued her. “What changed in those two years was the Political leadership of the sec – says Coinbase – In his war against cryptocurrencies, he acted as if he were above the law, usurping the power of the congress as established by the Constitution. And after millions of legal fees and fees, countless hours of employees and years of prolonged dispute, we successfully protected the rights of our customers and believed to be responsible for “.
The company speaks of “one Victory for the entire sector And for the 52 million Americans who have owned a digital asset “and underlines the need to approve legislation that provides the long -term certainty necessary for the United States to be a leader in this sector.
The approach to cryptocurrencies has changed with the New Republican Administration of Donald Trumpwith the century that quickly revised its positions and disputes on the sector.