Trump's SEC Is Ending Crypto Lawsuits and Investigations—These Are the Biggest
The SEC is shifting its approach to cryptocurrency regulation under the Trump administration, moving from "regulation by enforcement" to more collaborative engagements. Key developments include a 60-day pause in Binance's legal battle with the SEC, allowing reassessment of regulatory conditions. The SEC has dropped several investigations, including those against Coinbase, OpenSea, Robinhood, and Uniswap Labs, signaling a potential easing of scrutiny on crypto firms. The SEC's dismissal of a lawsuit against Coinbase and the conclusion of investigations into OpenSea and Uniswap Labs were framed as victories for the crypto industry. Gemini Trust's investigation also ended without action. The SEC's new stance may foster innovation and clearer regulatory guidelines in the crypto space.