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A Coinbase win: US state of Vermont drops its case against the exchange

Vermont has dismissed its case against Coinbase concerning staking services, marking a regulatory shift in the US. Paul Grewal, Coinbase’s Chief Legal Officer, praised this decision, noting it brings clarity for digital asset holders.

Grewal calls on Congress to establish comprehensive laws for digital assets, arguing that predictable regulations are crucial for consumer protection. This victory for Coinbase follows several challenges within the SEC’s evolving stance on cryptocurrencies.

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