Coinbase Claims Victory Over The SEC. Shares Jump, Bitcoin Climbs.

Blockhead
02-21

Coinbase shares surged early Friday after announcing that the Securities and Exchange Commission agreed to drop its case against the cryptocurrency exchange. The announcement comes after Coinbase (COIN) cleared Q4 expectations last week. "We reached an agreement with SEC staff to dismiss their litigation against Coinbase," CEO Brian Armstrong posted online Friday. "Once approved by the Commission (which we're told…

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