SEC Drops Lawsuits Against Kraken, ConsenSys, and Cumberland DRW, But XRP Still Faces Legal Hurdles

In a landmark move, the U.S. Securities and Exchange Commission (SEC) has dismissed enforcement actions against prominent cryptocurrency firms, including Kraken, ConsenSys, and Cumberland DRW. This decision marks a significant shift in regulations under the Trump administration, suggesting a more accommodating stance toward the growing crypto industry. Despite this progress,……