According to Cointelegraph from Foresight News, the U.S. Securities and Exchange Commission (SEC) has requested the dismissal of the securities lawsuit against Dragonchain's cryptocurrency ICO. In a joint agreement filed with the Seattle Federal Court on April 24, the SEC stated that it "believes dismissing this case is appropriate" due to the work of its crypto working group aimed at helping to "develop a regulatory framework for crypto assets". "The SEC and the defendant have agreed to dismiss this lawsuit without prejudice to either party and without imposing costs or fees on either party."
U.S. SEC requests dismissal of securities lawsuit against Dragonchain cryptocurrency ICO
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