SEC reaches settlement with Coinbase over records requests from Gensler era

The Block·

SEC reaches settlement with Coinbase over records requests from Gensler era

60-second summary

The SEC has reached a settlement with Coinbase, ending a years-long dispute over records requests. Details of the settlement remain unclear, but the SEC had been seeking access to user data and transaction records. This resolution marks a shift in the SEC's stance under new leadership, potentially easing tensions with crypto exchanges.

The SEC reached a settlement with Coinbase on Wednesday, ending a years-long legal dispute over the agency's handling of records requests.