🚀 Kraken's legal tussle with the SEC heats up! Judge Orrick's recent ruling keeps the case alive but challenges the SEC's broad classification of tokens as securities. Kraken's Chief Legal Officer, Marco Santori, sees this as a win, emphasizing the need for clearer regulations. 🌐 The SEC now faces the daunting task of proving each transaction meets the Howey Test criteria. This could reshape crypto regulations and push for a more defined market structure. Exciting times ahead for blockchain enthusiasts! #CryptoNews #Blockchain #Web3