Odaily News Hester Peirce, a crypto-friendly commissioner of the SEC, said in a post that the SEC resolved the Coinbase case through bias, and that she personally did not support the action against Coinbase, fearing that using law enforcement tools to regulate the crypto industry would become part of the SEC's larger strategy. Currently, the SEC has established a cryptocurrency working group to interact with the public to establish a regulatory framework that serves the American public. This new approach has promoted the dismissal of the charges against Coinbase, but it does not indicate that the SEC will terminate enforcement where appropriate.