Texas court ruling ignites quixotic crypto revolution, reshaping regulatory landscape

SEC Withdraws Appeal on Dealer Rule Expansion After Texas Court Ruling

The United States Securities and Exchange Commission (SEC) has withdrawn its appeal in the dealer rule case after a Texas court ruling, signaling a shift in crypto regulation. This decision is seen as a victory for the crypto industry.

Industry leaders argued that the SEC’s actions imposed unnecessary restrictions on digital asset platforms, further highlighting the need for clearer regulatory guidelines for cryptocurrencies.

Source: cryptonewsland.com