The U.S. Securities and Exchange Commission (SEC) has decided to end legal proceedings against Consensys (MetaMask developer) and Coinbase. This is a major step in changing the regulator’s approach to the crypto industry
Joseph Lubin (Consensys):
“We were ready to fight, but we’re happy with this outcome. This is a crucial moment for all blockchain developers.”
The SEC has also dropped cases against Binance, OpenSea, Robinhood, Uniswap, Gemini, and TRON
New changes in crypto regulation might be on the way!