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TechFlow news, January 27 — According to Cointelegraph, a U.S. federal court in California issued a partial ruling on the SEC's lawsuit against Kraken. The court rejected Kraken's core defense argument that "Congress has not authorized the SEC to regulate cryptocurrencies," affirming the SEC's regulatory authority over crypto assets.
According to Cointelegraph, a U.S. federal court in California issued a partial ruling in the SEC's lawsuit against Kraken. The court rejected Kraken's central defense argument that Congress had not granted the SEC authority to regulate cryptocurrencies, upholding the SEC's regulatory jurisdiction over crypto assets.
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