Big news in the world of cryptocurrency! Coinbase, a big company that lets people buy and sell crypto, just settled a fight with the SEC (that's like the police for money stuff).
They agreed to drop the case, meaning no fines and no changes to how Coinbase works. This caused the price of Bitcoin, a popular cryptocurrency, to jump back above $99,000!
This is a big deal because it shows that Coinbase's way of doing things might be okay, legally.
- Coinbase avoided big fines and changes.
- Bitcoin's price went up because of the good news.
- This is important for the future of cryptocurrency rules.
Thing | Info |
---|---|
Bitcoin Price | Over $99,000 (after the news) |
Coinbase Fine | $0 |
Outcome | Case dismissed |