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SEC changes approach towards digital currencies, causing mixed reactions in the crypto industry.

The U.S. Securities and Exchange Commission (SEC) has recently closed several cases related to digital currencies and halted the investigation process for others. This shift in approach, under the temporary leadership of Mark Uyeda, indicates a more lenient stance towards companies active in the crypto sector. Reports suggest that SEC has withdrawn its cases against CoinBase and requested a pause in the investigations against Binance and Tron. Moreover, inquiries against platforms like ConsenSys, OpenSea, Robinhood, Uniswap, and Gemini have been suspended. This policy change has sparked different reactions, with some crypto industry participants viewing it as a victory while others are concerned about potential negative impacts on financial stability.

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