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Is Coinbase Stock A Buy Or Sell Now That The SEC May Drop Case Against It?
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Coinbase stock soared on Friday after news that the Securities and Exchange Commission may drop a case against the crypto exchange. According to reports, the SEC may drop a two-year lawsuit claiming that Coinbase should be regulated like a stock exchange. In a post on Twitter/X, the company said "SEC staff have agreed to dismiss their case against us (pending Commission approval)".
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