A judge has killed part of Kraken’s defense in a suit launched by the Securities and Exchange Commission that argued Congress hadn’t given the agency jurisdiction over crypto.
A judge has killed part of Kraken’s defense in a suit launched by the Securities and Exchange Commission that argued Congress hadn’t given the agency jurisdiction over crypto.
The bill now needs to pass by majority vote in Utah’s House and Senate before being approved by state governor Spencer Cox, who appears to be pro-crypto.
XRP Ledger’s decentralized exchange has seen a total of more than $1 billion in swap volume since launching in 2024, according to Ripple’s CEO.
The US Senate had not yet scheduled a hearing to consider Donald Trump’s nomination of Paul Atkins to head the Securities and Exchange Commission.