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Coinbase says SEC dropping enforcement case as CEO calls for end to 'bogus' actions against crypto

CNBC
Summary
Nutrition label

80% Informative

In 2023 , the SEC charged Coinbase with operating an unregistered securities exchange and for failing to properly register its crypto staking program.

The case was started under former SEC Chair Gary Gensler .

The commission is expected to take a more friendly stance to the crypto industry under President Trump .

VR Score

81

Informative language

80

Neutral language

68

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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