US SEC Hester Peirce Breaks Silence On Coinbase Lawsuit Dismissal

US SEC Commissioner Hester Peirce has spoken out following the dismissal of the civil enforcement action against Coinbase. The case, which accused the cryptocurrency exchange of failing to register as a securities platform, was dropped with prejudice on February 27. Hester Peirce, known for her pro-crypto stance, expressed her disagreement with the initial lawsuit, criticizing the SEC’s regulatory approach toward the crypto industry.