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International Business Times
International Business Times
Business
Marvie Basilan

SEC To Dismiss Kraken Lawsuit Ahead Of 'Spring Sprint Toward Crypto Clarity' Roundtables

Kraken exchange (Credit: PiggyBank/Unsplash)

KEY POINTS

  • Kraken's CEO was optimistic about the 'win' for crypto, but also called out the previous SEC leadership's enforcement approach toward regulation
  • The regulator recently closed its investigations into Robinhood Crypto and protocol Uniswap among others
  • The SEC announced a series of roundtables, which will focus largely on the 'security status' of digital assets

The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss its lawsuit against leading cryptocurrency exchange Kraken in another "win" for the industry following successive agreements with several major players over lawsuits and Wells notices.

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