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flag SEC drops lawsuit against Coinbase, signaling a shift to a more collaborative crypto regulation approach.

flag The SEC has decided to drop its lawsuit against cryptocurrency exchange Coinbase, signaling a shift in regulatory policy towards a more collaborative approach with the crypto industry. flag This move, seen as a victory for Coinbase and the broader crypto market, follows the formation of a new SEC Crypto Task Force aimed at developing clearer guidelines for digital assets. flag The task force is focusing on areas like registration for crypto exchanges and token classification, indicating a move away from aggressive litigation under the previous administration.

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