In its latest in a string of dropping suits against crypto companies, the U.S. Securities and Exchange staff agreed in principle to dismiss its lawsuit against Kraken, the crypto trading platform said in a statement on Monday.

The SEC has dismissed or paused several crypto-related cases in recent weeks, which Kraken sees as a “turning point” for U.S. crypto regulation.

Kraken said the US Securities and Exchange Commission has agreed in principle to drop its lawsuit against the cryptocurrency exchange, the latest in a series of dismissals of legal actions against crypto companies by the market regulator.

Kraken said on Monday that the U.S. Securities and Exchange Commission agreed in principle to dismiss its civil lawsuit against the cryptocurrency exchange. In a statement on its blog, Kraken said the dismissal is with prejudice,