Most Significant Crypto Regulatory Conflicts in US History

The battle between the SEC and the crypto industry has defined the sector's growth, with these three major legal clashes setting the precedent for current custodial rules.

The top 3

  1. SEC vs. Ripple Labs (XRP): The landmark 2020 lawsuit challenging whether XRP is a security concluded with a partial victory for Ripple, fundamentally influencing how tokens are classified for custodial purposes. Ripple
  2. SEC vs. Coinbase: This ongoing legal battle centers on whether Coinbase operated as an unregistered exchange, broker, and clearing agency, directly impacting its ability to offer custody services. Coinbase
  3. The Kraken Staking Settlement: In 2023, Kraken agreed to pay $30 million and cease its US staking-as-a-service program, a move that forced custodial providers to redefine their product offerings. Kraken

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