🔥 Binance responded to SEC
The company, as expected, rejected the accusations and said the SEC was undermining the US's role as a global financial center and was unwilling to cooperate to create a unified regulatory framework.
Moreover, Binance stated that the SEC's main goal is to make news headlines, not to protect investors.
Meanwhile, Bitcoin fell 4% and BNB fell 7%. In addition, the SEC has designated BNB, BUSD, SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI as securities.
The company, as expected, rejected the accusations and said the SEC was undermining the US's role as a global financial center and was unwilling to cooperate to create a unified regulatory framework.
Moreover, Binance stated that the SEC's main goal is to make news headlines, not to protect investors.
Meanwhile, Bitcoin fell 4% and BNB fell 7%. In addition, the SEC has designated BNB, BUSD, SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI as securities.
