⚖️ Binance Wins in Court!
A U.S. court has ruled in favor of Binance on several key charges brought by the Securities and #exchange Commission (SEC).
Key findings of the court:
- Cryptocurrency #tokens are not securities. 🪙
- The sale of $BNB on secondary markets cannot be classified as a securities offering.
- BUSD, a #stablecoin pegged to the US dollar, is also not a security.
This landmark decision is a significant step forward for the cryptocurrency industry.
It:
- Confirms the legitimacy of cryptocurrencies as assets.
- Removes obstacles for further market development.
- Gives Binance a breather in its battle with the SEC.
Congratulations to Binance on this victory! 🥳 Ps. You can congratulate them by reacting to the post 🤓
