2023-5-24 19:29 |
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week.
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Binance and its founder, Changpeng Zhao, have filed a motion to dismiss the US Securities and Exchange Commission’s (SEC) amended complaint. In a Nov. 4 court filing, Binance and Zhao’s legal team argued that the SEC has only superficially acknowledged a prior court ruling, which clarified that crypto is not inherently classified as a security.
Binance seeks to dismiss the SEC’s amended complaint that targets AXS, FIL, ATOM, SAND, MANA and BNB. The SEC alleges these tokens are securities, which Binance disputes as flawed. The legal battle could set crucial precedents for the regulation of cryptocurrencies.
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have filed a motion to dismiss an amended complaint submitted by the SEC last month in the ongoing legal battle. In a Nov. 4 filing, the lawyers representing Binance(BNB) and CZ…
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have made a fresh attempt to dismiss the Securities and Exchange Commission (SEC) lawsuit against them.
The U.S. Securities and Exchange Commission has published the application to uplist a Grayscale digital asset fund to an exchange-traded fund in the Federal Register. The SEC’s action signals that the review process for the NYSE Arca filing, which seeks…
Ethereum infra developer Consensys filed its response to the U.S. SEC’s claims of federal securities law violations, piling on its lawsuits against the agency.
The Blockchain Association, a leading crypto advocacy group, reported that its member firms have collectively spent over $400 million addressing enforcement actions initiated by the US Securities and Exchange Commission (SEC) under chair Gary Gensler.