Kraken Denies SEC's Securities Claims

Crypto exchange Kraken has responded to the U.S. Securities and Exchange Commission's claim that it had violated federal securities laws. In a legal filing, Kraken denied the SEC's allegations, stating that the assets the regulator cited did not meet the legal definition of securities.

The Brazilian Supreme Court has lifted a freeze on bank accounts tied to Elon Musk's Starlink and social media platform X after the funds were transferred to the national treasury. The $3.3 million was linked to a legal dispute involving X's failure to comply with court orders to block accounts accused of spreading misinformation and hate speech.

The United Kingdom government has introduced legislation that enables the assessment of whether Bitcoin and other cryptocurrencies can be deemed "personal property." This move aims to provide clarity on the legal status of digital assets in the country.

Source: https://cointelegraph.com/news/kraken-sec-denial-digital-assets-brazil-starlink-uk-crypto-law

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