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CoinOtag 2024-07-13 00:41:20

SEC Ends Three-Year Investigation Into Stacks (STX) Without Action, STX Surges

The US Securities and Exchange Commission (SEC) has concluded its three-year investigation into the Bitcoin Layer 2 blockchain, Stacks (STX), and Hiro Systems, with no enforcement action taken. This resolution follows the SEC’s recent decision to drop another high-profile case involving the Binance’s BUSD stablecoin and Paxos. Muneeb Ali, co-creator of Stacks, expressed optimism about

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