The post Crypto.com Investigation Dropped by SEC: Implications for the Future of Regulatory Framework in Cryptocurrency appeared on BitcoinEthereumNews.com.

Crypto.com has received a significant boost as the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the exchange, a pivotal moment for the crypto industry. This decision marks the end of a lengthy probe that has echoed the shifting regulatory landscape for cryptocurrencies in the U.S. Nick Lundgren, Chief Legal Officer of Crypto.com, remarked, “It is unfortunate that we were forced to endure this years-long investigation,” emphasizing the impact of the regulatory environment on innovation. Crypto.com celebrates the closure of its SEC investigation, signaling a new era for crypto regulation in the U.S. and highlighting ongoing shifts in the industry. Crypto.com Triumphs as SEC Closes Investigation In a significant development for the cryptocurrency sector, Crypto.com has announced that the U.S. SEC will not pursue enforcement actions against the exchange. This announcement follows an extensive investigation that began under the previous administration, which many argue was an unnecessary overreach of regulatory authority. Crypto.com announced this outcome on Thursday, stating that the SEC’s decision reflects a broader trend of leniency towards crypto firms that have faced similar scrutiny. Impact of Regulatory Changes on Cryptocurrency Landscape The SEC’s closure of its investigation into Crypto.com is not an isolated indication of evolving regulatory stances. Over recent weeks, the agency has also dropped investigations into other crypto entities, such as Kraken and Coinbase. This series of developments suggests a deliberate shift in how the SEC under new leadership addresses cryptocurrencies. In a statement regarding the SEC’s prior approaches, Nick Lundgren pointed out, “The SEC weaponized and attempted to expand its congressionally granted power in order to harm an industry that its former chair disfavored.” Trends in SEC Investigations and Legal Actions These recent decisions by the SEC may reflect a significant pivot in regulatory approaches toward cryptocurrencies. The agency has retracted…

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Filed under: News - @ March 28, 2025 3:28 am