Hey, big news! The SEC sued Binance, and the result is out: BNB is not a security. Yes, you heard it right, the judge directly said that cryptocurrencies have nothing to do with securities. This ruling is a big deal for the entire cryptocurrency industry.

You may not have seen much discussion about this in the news, but this is really important. The judge said that BNB should not be considered a security in either the primary or secondary market. The reason is that the SEC did not prove that Binance sold BNB to make money, and the judge also saw the various uses of BNB in ​​DeFi.

What's more, BNB also passed the famous Howey test, which further proves that it is not a security. This ruling not only has a significant impact on BNB, but it is estimated that other chain projects, such as Polygon, Cardano, Avalanche and Solana tokens, can also find some legal references from it.

This is a good thing for the crypto market, at least for now.

If Coinbase wins the lawsuit against the SEC, it means that the transactions on their platform are not unregistered securities. This could cause the prices of smaller coins to go crazy, especially if the Fed starts cutting rates or implementing quantitative easing later this year, when the prices of smaller coins could really go up.

Ah, a judge said that BNB sales are not securities transactions, which brings a lot of confidence to the cryptocurrency market. This is good news for Coinbase, and it also boosts the legal status and development prospects of the entire industry.