⚖️ Binance wins in court!
A US court has ruled in favor of Binance on a number of key charges brought by the Securities and Exchange Commission (SEC).
The essence of the court's conclusions:
- Cryptocurrency tokens are not securities. 🪙
- The sale of BNB on secondary markets cannot be classified as an offering of securities.
- BUSD, a stablecoin pegged to the US dollar, is also not a security.
This landmark decision is a significant step forward for the cryptocurrency industry.
It:
- Confirms the legitimacy of cryptocurrencies as assets.
- Removes obstacles to further market development.
- Gives Binance a break in the confrontation with the SEC.
Congratulations to Binance on this win!🥳
#binance #BNB #CZ #SEC
