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SEC Dismisses Cases Against Kraken, Consensys, and Cumberland: A Win for the Crypto Industry

  • The SEC has closed enforcement actions against Kraken, ConsenSys, and Cumberland.
  • This move suggests a potential shift in the SEC’s regulatory approach toward crypto, moving away from its recent string of aggressive enforcement actions.
  • Crypto.com confirmed that the SEC would not be pursuing any enforcement action against the company.
  • The dismissal by the SEC brings more clarity to the industry and addresses the long-standing regulatory uncertainty that hindered institutional adoption of digital assets.

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