The end of a court fight with the largest U.S. crypto company would be a big win for an industry that financially backed President Trump.

The announcement comes as the regulator is expected to be more friendly to crypto under President Donald Trump.

Regulators have agreed to drop a lawsuit against Coinbase that sought to regulate the company as a stock exchange, marking the end of years of hard-line enforcement against the crypto market. Coinbase said Friday that enforcers at the Securities and Exchange Commission would recommend dismissal of the two-year-old lawsuit,