Bitcoin surges to $99K as Coinbase defeats Gensler's SEC lawsuit pending Commission approval

Coinbase has reached an agreement with SEC staff to dismiss its enforcement case pending final approval from the Commission, pushing Bitcoin back over $99,000. The agreement follows a protracted le...

By · · 1 min read
Bitcoin surges to $99K as Coinbase defeats Gensler's SEC lawsuit pending Commission approval

Source: CryptoSlate

Coinbase has reached an agreement with SEC staff to dismiss its enforcement case pending final approval from the Commission, pushing Bitcoin back over $99,000. The agreement follows a protracted legal dispute that raised questions about regulatory authority and asset classification. In public statements, Coinbase CEO Brian Armstrong explained that the litigation began when the SEC […]