The SEC's abandonment of the Coinbase lawsuit will create a demonstration effect, and the enforcement of securities laws may be severely restricted due to DOGE

ChainCatcher news, following Coinbase and Robinhood, exchanges like Binance and Kraken may see a turnaround. The lawsuits against these platforms are based on the same regulatory logic as the Coinbase case, and the SEC's abandonment of the lawsuit will create a demonstration effect. Regulatory expert Amy Lynch stated that the enforcement of securities laws by the U.S. Securities and Exchange Commission may also be "severely limited," partly due to the influence of the Department of Government Efficiency (DOGE), as DOGE may scrutinize the SEC's internal operations more closely and attempt to streamline the agency.