According to online reports, U.S. Senator Cynthia Lummis, chairman of the Senate Banking Subcommittee on Digital Assets, issued a document on platform X that the U.S. Securities and Exchange Commission (SEC) agreed to drop the lawsuit against cryptocurrency exchange Kraken, which is "a huge victory for the digital asset industry." We are closing the door on punitive regulation and welcoming the return of American innovation. This is very important."