Coinbase Poised for ‘Major Win’ as SEC Nears Lawsuit Dismissal

Coinbase Poised for ‘Major Win’ as SEC Nears Lawsuit Dismissal

Analysts at H.C. Wainwright & Co. characterize Coinbase's (NASDAQ: COIN) February 21 announcement that the U.S. Securities and Exchange Commission (SEC) is likely to drop its lawsuit against the cryptocurrency exchange as a "major win" for the company and the larger cryptocurrency market. According to a report by analyst Mike Colonnese, Coinbase's management expects a resolution as early as next week, even if the SEC commissioners' final ...

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