Binance News: SEC Drops Cases Against Major Crypto Firms, Setting New Regulatory Precedent

In a significant development for the cryptocurrency industry, the United States Securities and Exchange Commission (SEC) has officially dropped its cases against three major crypto firms: Kraken, Consensys, and Cumberland DRW. This move marks a notable shift in regulatory approach, offering greater flexibility for crypto firms to navigate changing signals and fostering clearer guidance and dialogue.

SEC Officially Drops Cases Against Kraken, Consensys, and Cumberland DRW

The United States Securities and Exchange Commission (SEC) has officially dropped its cases against Kraken, Consensys, and Cumberland DRW. This move marks a regulatory shift away from heavy-handed enforcement and prevents re-filing, setting a new precedent. Crypto firms now have more space to adjust amid changing signals, and the tone fosters dialogue and clearer guidance.

Whale Grabs 506 Billion PEPE—Potential Price Explosion?

A major cryptocurrency player, qianbaidu.eth, moved 506 billion PEPE tokens worth about $4.4 million from the Binance exchange on March 26, 2025. This isn’t the first time this whale has traded Pepe; they previously made a profit of $7.34 million. Currently, the whale holds 699.8 billion PEPE tokens, valued at $5.11 million, with a floating profit of $164K.