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  • Mar 03, 2025

Kraken says US SEC to dismiss lawsuit against the cryptocurrency exchange

NEW YORK (Reuters) -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. In a statement on its blog, Kraken called the dismissal a turning point for cryptocurrency that ended a "wasteful, politically motivated campaign" begun during the Biden administration, and which stifled innovation and investment. Kraken said the dismissal includes no admission of wrongdoing, no penalties, and no changes to its business.

  • Mar 03, 2025

Five Charts to Watch in Global Commodity Markets This Week

(Bloomberg) -- Warren Buffett is upping his bets in Japan after trading houses relaxed the ceiling on his company’s holdings. US President Donald Trump is aiming to make good on plans to levy tariffs on Mexico, Canada and China, just as the country plans to import more agricultural goods than ever. And Germany’s newly elected leadership has a lingering power problem waiting for them. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge B

  • Mar 03, 2025

Bitcoin surges 20% in 3 days as Trump makes a big crypto promise

Just last week, Bitcoin was deep in the red, sinking below $80,000. But in a dramatic turnaround, the leading cryptocurrency has surged over $14,000, thanks in large part to President Donald Trump. Over the weekend, Trump announced plans to create a strategic crypto reserve, shifting gears from his earlier promise to stockpile Bitcoin.

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