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White House Advisor Discloses Coinbase Stake as SEC Drops Lawsuit

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Sig2.60Sen-1.48Env0.00Soc0.00Gov-0.50

The SEC dropped its lawsuit against Coinbase after Trump took office. Coinbase also pledged another $25 million to the Fairshake super PAC backing pro-crypto candidates. Coinbase’s CEO says it expects regulatory clarity either way, but Coinbase shares are likely to keep reacting to political news until the uncertainty clears.

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