[SEC Adjusts Crypto Enforcement Strategy, Dismisses Seven Cases and Focuses on Fraud] The U.S. Securities and Exchange Commission (SEC) announced that starting February 2025, it will dismiss seven crypto-related enforcement actions involving institutions such as Coinbase, Binance, and Kraken, citing a lack of basis under federal securities laws. Meanwhile, the SEC has established a Division of Cyber and Emerging Technologies to focus on combating securities violations in the blockchain, artificial intelligence, and cybersecurity sectors. Fraud lawsuits have also been filed against companies including Unicoin, PGI Global, and Nate, Inc.