The term “legal” refers to anything that is related to the law or the system of laws that govern a society. It encompasses the principles, rules, and regulations that are enforced through social institutions to regulate behavior. Legal matters involve the interpretation and application of statutes, case law, treaties, and legal principles in various contexts, such as civil, criminal, administrative, and constitutional law. The term can also describe the status of being authorized or recognized by law, meaning something is legitimate or permissible according to legal standards. Additionally, “legal” can refer to professionals in the field, such as lawyers or judges, who are qualified to practice law.
Coinbase Global saw a surge in stock prices as the SEC moved toward potentially dismissing its enforcement case against the company. The dismissal is significant for Coinbase and the broader…