The US SEC has stopped an investigation against another player in the crypto market - Hiro Systems (formerly Blockstack).

Let us recall that only yesterday it became known that the Commission, without any enforcement action, closed the case against #Paxos, the issuer of the once No. 3 stablecoin #BUSD. Destroyed by the SEC forces.

In the case of Hiro Systems, the regulator was that during 2017-2019 the company sold tokens and earned $70 million. The SEC accused them, predictably, of illegally offering unregistered securities.

Now the claims have been dropped and this looks like another victory for the crypto industry in the States.