🚀📣 US court allows SEC lawsuit against Binance to continue, but dismisses some allegations. The SEC accuses Binance of providing unregistered brokerage, trading and clearing services for digital assets in the US. However, the court emphasized that a token that was initially considered part of an investment contract does not necessarily retain that classification forever. 🎯

At the same time, the US Treasury is implementing tax reporting requirements for cryptocurrency. New rules require cryptocurrency brokers to report sales and exchanges of digital assets to the IRS.

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