SEC and Binance exchange arguments about digital assets in court
On January 22, a hearing was held in the SEC case against the Binance crypto exchange. Both sides answered questions from the judge about the nature of digital assets.
The regulator filed a lawsuit against the trading platform and its ex-CEO Changpeng Zhao on June 5, 2023, bringing 13 charges, including the sale of unregistered securities. The department classified 12 tokens into this asset class, including BNB and the BUSD stablecoin.
