⛔️ SEC Withdraws Request to Classify SOL, ADA, MATIC as Securities in Binance Lawsuit
🔔 The U.S. Securities and Exchange Commission (SEC) has retracted its request for a court ruling to classify tokens like Solana (SOL), Cardano (ADA), and Polygon (MATIC) as securities in its lawsuit against Binance. On July 30, the SEC filed an amendment indicating that it no longer seeks a ruling on the status of these tokens at this time.
ℹ️ This marks a significant shift in the SEC’s stance, impacting multiple tokens previously listed as securities in the lawsuit, including Binance Coin (BNB), Binance USD (BUSD), and others.
The SEC's retraction highlights the evolving regulatory landscape for cryptocurrencies in the U.S. Stay tuned for more updates as the legal and political dynamics surrounding crypto continue to unfold.
