Staff members at the U.S. Securities and Exchange Commission have agreed to drop their lawsuit against cryptocurrency exchange Kraken, marking a significant shift in US crypto regulation under the Trump administration. The company announced the development on Monday, stating that this move represents a “turning point” for the industry. The decision comes after months of speculation about the SEC’s stance on regulating digital assets.
Source: https://www.washingtonpost.com/business/2025/03/03/sec-kraken-lawsuit-crypto-exchange