<ul><li>Cryptocurrency exchange Kraken announced that the SEC plans to dismiss the commission's lawsuit against the company.</li><li>Kraken will make no admission of wrongdoing, pay no penalties, and make no changes to its business as part of the dismissal.</li><li>The lawsuit, filed in November 2023, accused Kraken of running an unregistered securities exchange, broker, dealer, and clearing agency.</li><li>Kraken claims that the lawsuit was without merit, politically motivated, and hindered industry transparency.</li></ul>

Crypto Exchange Kraken Says SEC Plans to Dismiss Lawsuit

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