Alabama is the fifth state to withdraw its lawsuit against Coinbase as federal regulations show potential progress.
The Alabama Securities Commission has retracted its lawsuit against Coinbase, which was initiated in June 2023 over allegations that the company was breaching securities laws by offering staking services to residents of Alabama. Amanda Sen, the director of the commission, mentioned that continuing with the lawsuit would be costly and, in the end, unnecessary. She […]
Cryptocurrency has a bipartisan appeal in Alabama, Coinbase policy expert says – ‘Crypto users in Alabama are really strong’
Over the past few years, cryptocurrencies have seen a surge in popularity worldwide. The growth of digitized payment methods has transformed markets around the world. Coinbase, the largest cryptocurrency exchange in the United States by trading volume, is a product of that rapid growth. Mobile-based podcast Beyond the Blockchain recently hosted Ashley Gan, the company's […]
SEC sues Coinbase, alleging securities law violations
SEC Chairman Gary Gensler’s move against Binance and Coinbase is the latest in a string of enforcement actions the SEC has taken against cryptocurrency companies since the FTX bankruptcy seven months ago. has spooked investors and sent some executives abroad in search of new business. However, the long-awaited lawsuit against Coinbase is expected to be […]