SEC Disposes of Dragonchain Lawsuit, Shifting Regulatory Approach in Crypto

The U.S. Securities and Exchange Commission (SEC) has dismissed its lawsuit against Dragonchain, ending a legal battle stemming from the company’s 2017 Initial Coin Offering (ICO). This marks a significant shift in the SEC’s crypto enforcement strategy. The agency is now prioritizing dialogue with industry players through its new Crypto Task Force. This team is directly engaging with companies to clarify regulatory standards for digital assets.