The U.S. Securities and Exchange Commission is offering some employees $50,000 if they choose to resign or to retire under an early retirement program, according to an agency memo seen by Reuters.

Kraken called the dismissal a turning point for cryptocurrency that ended a "wasteful, politically motivated campaign" by the Biden administration.

WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Thursday filed to dismiss its lawsuit against Coinbase, the largest U.S. cryptocurrency exchange, putting an end to a legal battle ...