The Nigerian government filed an $81.5 billion lawsuit against crypto exchange Binance, claiming back taxes and economic damages caused by crashing Nigeria’s fiat currency. Nigeria’s Federal Inland Revenue Service (FIRS) said Binance has unpaid taxes from 2022 and 2023.
Coinbase and Robinhood announced SEC case closures, signaling a major shift in U.S. crypto regulation under Trump. Is this regulatory relief or political favoritism?
Coinbase said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious years-long legal battle once considered existential for the trading platform and the broader sector.
The SEC has agreed to pause its lawsuit against Binance, but experts are split on whether it means the end of the agency's crypto crackdown.
Coinbase CEO claims that if firms had yielded to the SEC’s demands under Gary Gensler, it would have “killed the crypto industry.”
The regulator sued the U.S.’s most prominent crypto exchange in June 2023 for allegedly flouting securities laws.
Coinbase Global (COIN) is one of the first companies people consider when thinking about cryptocurrency. Over the last few years, it has been
Coinbase Global Inc. (NASDAQ: COIN) shares are trading higher Friday after the company announced that the Securities and Exchange Commission (SEC) plans to drop its lawsuit against the crypto exchange.