Kraken Wins as SEC Agrees to Dismiss the Lawsuit

Quick Summary:

Securities and Exchange Commission (SEC) has agreed in principle to dismiss its lawsuit against cryptocurrency exchange Kraken.

The decision marks a significant shift in the SEC’s approach toward the cryptocurrency industry, following a turbulent legal period for crypto platforms.

It also marks the end of a period of contentious legal battles between federal agencies and the crypto industry.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab EmiratesUnited States

Topics: Market News Market Updates SEC Kraken Lawsuit

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 09:02:31 (18 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26662631

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 48 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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