SEC Drops Investigation into Stacks and Hiro, Boosting STX Market Confidence and Price

The SEC has officially dropped its investigation into Bitcoin Layer-2 solution, Stacks, and its affiliated company, Hiro Systems. This decision comes after a significant 3-year legal scrutiny, providing notable insights into the regulatory landscape of emerging blockchain technologies in 2024. The news has buoyed market sentiment, leading to a 6.47% gain in STX over 24

Source: CoinOtag