Great news! The SEC v. Binance case is settled: BNB's non-securities status is officially certified
Shocking news revealed! The battle between the SEC (U.S. Securities and Exchange Commission) and Binance has finally come to an end - BNB has been officially recognized as a non-securities asset! Yes, you heard it right, the court authoritatively spoke out, the boundaries between cryptocurrencies and securities are clear, and BNB has completely removed the "securities" hat. This ruling has undoubtedly caused an uproar in the currency circle.
Maybe you have not traveled deeply in the ocean of news, but the weight of this news is enough to shake the foundation of the entire crypto world. The judge clearly pointed out that BNB does not have securities attributes whether it is issued in the primary market or circulated in the secondary market. Behind this judgment is that the SEC failed to effectively prove that Binance issued BNB for profit, and the wide application of BNB in the DeFi field has jointly built a solid legal defense line.
What is even more exciting is that BNB successfully passed the industry-renowned "Howey Test". This milestone victory not only consolidates BNB's non-securities status, but also provides valuable legal references and references for a number of blockchain project tokens such as Polygon, Cardano, Avalanche, and Solana.
This judgment undoubtedly injected a shot of adrenaline into the crypto market. It is not only a victory for BNB, but also a solid step for the entire crypto industry to move towards legalization and standardization. For trading platforms such as Coinbase, this is also good news. If Coinbase can also win the battle with the SEC, the transactions on its platform will completely get rid of the shadow of "unregistered securities" and open a new chapter for crypto asset transactions.
At this moment, let us witness together that the crypto industry is moving towards a more brilliant tomorrow under the dual protection of law and market!