menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

US SEC Dro...
source image

Silicon

4d

read

274

img
dot

Image Credit: Silicon

US SEC Drops Lawsuit Against Binance Crypto Exchange

  • The US Securities and Exchange Commission (SEC) has ended its lawsuit against the cryptocurrency exchange Binance, marking the conclusion of one of its last remaining crypto enforcement actions.
  • Binance, the world's largest cryptocurrency exchange, had faced legal troubles with multiple US agencies under the previous Biden administration, including allegations of illegal activity and violating sanctions.
  • Despite previous legal challenges, the SEC and Binance jointly moved to dismiss the case in a Thursday filing in the US District Court for the District of Columbia, signaling the resolution of the legal dispute.
  • The shift in the SEC's approach to the crypto industry under the Trump administration, with the enforcement action against Binance being dropped, reflects a changing regulatory landscape for cryptocurrency firms in the US.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app