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  • Claim

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The SEC’s dismissal reflects a broader regulatory shift driven by industry lobbying, exemplified by Fairshake PAC’s $160 million effort to elect crypto‑friendly candidates, which paves the way for more favorable digital asset regulations

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the development is an overwhelmingly welcome one for the likes of Coinbase and other firms that have cumulatively spent hundreds of millions of dollars fighting the SEC in court
The company is among the digital assets businesses that led the creation and deployment of the Fairshake PAC in the 2004 elections, collectively devoting more than $160 million to an effort to elect crypto-friendly candidates to office. Now Coinbase is seeking to get a return on that investment with regulations that it considers favorable

Related projects

U.S Securities and Exchange Commission (SEC)
FairShake
Coinbase

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Crypto news

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