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Coin Edition 2024-08-24 06:41:12

Kraken Win: Court Rejects SEC’s ‘Tokens are Securities’ Claim

A U.S. federal court dealt a blow to the SEC’s regulatory approach, when it ruled that digital assets traded on Kraken were not securities. This ruling not only impacts the SEC’s ongoing crackdown on crypto firms but also raises fundamental questions on the agency’s authority to classify tokens as securities. The SEC’s broad assertion that The post Kraken Win: Court Rejects SEC’s ‘Tokens are Securities’ Claim appeared first on Coin Edition .

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