The U.S. Securities and Exchange Commission (SEC) has dropped significant legal cases against cryptocurrency firms Coinbase and Ripple. This decision, announced on Thursday, marks a notable shift in regulatory approach under the current administration. The cases, initiated during the Trump era, had been central to ongoing legal challenges faced by both companies. The withdrawal of these cases comes amid broader regulatory changes and ongoing discussions within the crypto industry. The move is seen as a potential realignment of enforcement priorities, reflecting evolving perspectives on cryptocurrency regulation.