Kraken Find Allies: 8 States Stand Firm In Fight Against US SEC | Bitcoinist.com

The legal battle between San Fransisco-based cryptocurrency exchange Kraken and the United States Securities and Exchange Commission (SEC) has taken an unexpected turn as the crypto platform garners support from eight states in the US, putting it one step ahead of the regulatory watchdog.

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Kraken Fires Back At US SEC, Points To Legal Precedent | Bitcoinist.com

In a blow to the United States Securities and Exchange Commission (SEC), Kraken, the second largest cryptocurrency exchange in the US, has fired back at the agency regarding its lawsuit against the platform, citing a crucial aspect of Ripple’s case.

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Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing

Since mid-March 2020, there has been a notable decline in the volume of Bitcoin stored in exchange wallets, marking a significant shift in investor behavior.
At the time, over 17% of Bitcoin’s total supply was housed on exchanges, a record high.

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Kraken Triumphs In This Ripple Lawsuit, What This Means For XRP Holders | Bitcoinist.com

Kraken has secured a major victory in an ongoing legal battle between Ripple and a group of XRP investors. The crypto exchange intervened in the lawsuit to protect its customers’ data, arguing that the information of these individuals shouldn’t be released without their permission.

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Binance Bounces Back: Over $4 Billion Inflow Recorded Post-Settlement

Binance, the world’s leading digital asset exchange, has exhibited resilience and growth following its recent settlement with the US regulatory bodies. The settlement, which addressed allegations of money laundering and sanctions evasion, marked a pivotal moment for Binance.

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