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Breaking: SEC Targets Kraken in a Crackdown Threatening the US Crypto Ecosystem!
The U.S. SEC has charged Payward Inc. and Payward Ventures Inc., d/b/a Kraken, with operating an unregistered securities exchange, broker, dealer, and clearing agency. This latest action by the SEC aligns with similar complaints filed against industry giants Binance and Coinbase, intensifying concerns that such regulatory measures may significantly challenge the crypto scene in the U.S.