Big win for @binance in Florida! đ The First District Court of Appeal has overturned the suspension of its money-services license. The court found the suspension order lacked legal grounds, protecting over 170,000 account holders from potential financial losses and tax liabilities. #Binance #Crypto #Florida
Despite facing regulatory challenges across the US, Binance continues to navigate the storm. đŠī¸ The firm is now focusing on rebuilding trust and improving compliance, including appointing a former NY Federal Reserve Bank Compliance Chief to its board. #Binance #Regulation #Compliance
This victory is not just a win for Binance, but sets a precedent for future cases. Binance's commitment to regulatory cooperation is key to its success. Here's to a brighter future for crypto in the Sunshine State! đ #Binance #Crypto #Future