๐๐Hiro Systems, the brain behind Bitcoin's Stacks layer-2 blockchain, is popping champagne! The SEC has dropped its 3-year probe into the company's $70 million token sales from 2017-2019. Hiro, formerly known as Blockstack, had been treating its STX token as a security since 2018. But in 2021, it argued that Stacks had become so decentralized, they no longer qualified as a securities issuer. ๐๐This is the second crypto-related investigation the SEC has dropped this week. But don't get too comfy, Ripple, Binance, Kraken, and Coinbase - the SEC is still on your tail! What do you think about this regulatory rollercoaster? Share your thoughts below! ๐