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SEC Ending Its Investigation into Project Stacks, Bitcoin's Prominent Layer 2 Network ✔️

14 JULY 2024

The US Securities and Exchange Commission (SEC) has finally informed Hiro Systems, the main developer of Stacks, that it is ending its investigation into the project.

Crypto industry observers see this as an important moment that could have a positive impact on future regulatory approaches, although billionaire investor Mark Cuban stated that "although the SEC's move is positive, it still presents risks for projects that intend to work closely with regulators." have regulations, it will bring.”

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