Coinbase claims victory, as Trump helps it win fight against ‘rogue' SEC
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Coinbase's stock is rising due to a favorable regulatory development involving the SEC, with support from Trump. However, Coinbase believes the U.S. government needs to do more to support crypto innovation.
February 21, 2025 | 2:15 pm
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Coinbase's stock is experiencing an upward trend due to a positive regulatory outcome against the SEC, with assistance from Trump. Despite this win, Coinbase emphasizes the need for further government action to support crypto innovation.
The news highlights a regulatory victory for Coinbase, which is directly linked to the rise in its stock price. The involvement of a high-profile figure like Trump adds weight to the development. However, Coinbase's call for more government support suggests ongoing regulatory challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100