Binance and its former CEO, Changpeng Zhao, are pushing to dismiss the SEC's amended lawsuit, arguing the regulator's claim that most crypto transactions are "securities" contradicts past court rulings. The SEC insists that crypto transactions count as securities due to expected value increases, but Binance argues that secondary market sales shouldn't be labeled this way. This legal battle highlights ongoing regulatory tensions in the crypto industry.
Meanwhile, Microsoft faces pressure from shareholders, led by the National Center for Public Policy Research, to invest in #Bitcoin , warning of potential legal actions if the company fails to capitalize on potential Bitcoin gains.
