Big news in the world of cryptocurrency! The US government agency that watches over financial rules, the SEC, has changed its mind about how it deals with crypto companies. It's letting go of many cases it had against them.
- The SEC dropped or paused many lawsuits against big crypto companies.
- This happened after a new leader took over at the SEC.
- Some people think this is good news for crypto because it could lead to more new ideas and growth.
| Fact | Details |
|---|---|
| Cases Dropped/Paused | At least 8 |
| Affected Companies | Coinbase, Binance, Robinhood, and others |
| Bitcoin's reaction (Post-Trump inauguration) | Initially rose to an all-time high, then dropped 25% due to other policy decisions. |
