The Supreme Education Council abandoned the court’s appeal on the issue of its loss last year to expand the definition of a merchant, which was seen as a threat to decentralized financing platforms.
The US Securities and Stock Exchange Committee has dropped its efforts to retract the court’s decision to block the controversial mediator base that would have granted the agency’s jurisdiction over decentralized encryption protocols.
In the shortcut of February 19 presentation To the Court of Appeal at the fifth session, the Supreme Education Council said it had moved to “refuse this appeal voluntarily”, which he did not oppose.
Last month, a few days before former SEC President Gary Ginserner, the agency appealed a judgment of a judge in the Texas Federal Court in Texas in a lawsuit filed by encryption groups, Blockchain Association and Crypto Freedom alliance in Texas.
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