SEC voluntarily rejects the appeal in the Landmark Cripto multiplied house
The American Commission for Securities and Stock Exchange (SEC) has voluntarily rejected its appeal in the lawsuit of its controversial “Rule of Dealer”. The SEC decision came after the Blockeckain Association challenged the rule, claiming that it represented an arbitrary and capricious ruling ruling that could harm the crypto sector.
Today, SEC was published, which was published today states that the appeal is withdrawal under the federal rule of the Appellate Procedure 42 (B). Both sides agreed that each side would bear their expenses, with prosecutors – including the Blockain Association – which do not oppose the movement. The SEC initially appealed the District Court since November 2024. years, which favored the prosecutors and criticized the ruling agencies as it is overly excessive.
The rule in question has set concerns across the crypto industry, because it is potentially threatened to stifle innovation and disrupt digital assets by imposing unnecessary regulations on digital digital assets. The BLOCCKAIN Association claimed that the SEC procedures were harmful to the industry, claiming that the position of the Agency was unjustifiably regulatory rollover.
Today’s rejection, submitted for SEC, marks the conclusion of a long-term legal battle and policy shift in the Agency. The decision is considered that the victory is not only for the BlockSchain Association, but also for innovators, entrepreneurs and developers working in the blockade and cryptocurrency sectors.
After the announcement, the Blockschain Association welcomed the dismissal as a “complete victory”. In the statement, the Association said, “today marks the full victory for us – in our lawsuit against the sector through the rule of the dealer, in April last year, claiming that Maggured Maguned Maguned against Majoba and Kaočni ravemačkoga. “
The association was celebrated by the verdict as a triumph of digital assets industry, emphasizing the importance of preserving innovation and encourage the regulatory environment that supports the growth of new technologies.
(Tagstotranslate) crypto news
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2025-02-20 07:04:00
