The SEC has agreed in principle to dismiss its lawsuit against Kraken as the financial regulator prepares for a series of roundtables that should help provide status clarity for cryptocurrencies.

The SEC has dismissed or paused several crypto-related cases in recent weeks, which Kraken sees as a “turning point” for U.S. crypto regulation.

On March 3, 2025, the U.S. Securities and Exchange Commission (SEC) agreed to dismiss its lawsuit against the cryptocurrency exchange Kraken.

On Monday, crypto exchange Kraken announced that the U.S. Securities and Exchange Commission (SEC) had decided to drop its lawsuit against the company, just months after the crypto exchange donated $1 million to President Donald Trump's inaugural committee.

Kraken said the US Securities and Exchange Commission has agreed in principle to drop its lawsuit against the cryptocurrency exchange, the latest in a series of dismissals of legal actions against crypto companies by the market regulator.

Kraken called the SEC’s decision to drop the case a “turning point for the future of crypto in the U.S.” in a Monday blog post

The SEC dismisses its lawsuit against Kraken, with no wrongdoing admitted or penalties, emphasizing a need for clear crypto regulations.

The SEC has agreed to dismiss its lawsuit against Kraken with prejudice, meaning no penalties or business changes for the exchange

Kraken, one of the world's largest cryptocurrency exchanges, said on Monday the U.S. Securities and Exchange Commission agreed in principle to dismiss a civil lawsuit accusing it of operating illegally as an unregistered securities exchange.

The SEC has officially dropped its lawsuit against Kraken today, ending what had been a high-profile battle between US regulators and the crypto exchange. The agency dismissed the case with prejudice,