The United States Securities and Exchange Commission (SEC) has stepped back on the accusation that some cryptocurrencies are illegal securities. In a recently filed amendment in Binance‘s case, the SEC dismissed the ruling over the legality of these tokens, including Solana (SOL).
Previously, the U.S. regulator listed ten cryptocurrencies as securities in a lawsuit against Binance, the largest crypto exchange. According to the enforcement action, the SEC classified Solana as an unregistered security, accusing Binance of illegally supporting SOL.
This regulation-by-enforcement strategy has become the SEC’s standard against the cryptocurrency market, creating regulatory uncertainty and raising concerns. Now, the Securities and Exchange Commission’s pivot on Binance’s case suggests the agency is changing its modus operandi, sparking optimism.
“The SEC informed Defendants that it intends to seek leave to amend its Complaint, including with respect to the ‘Third Par
We współpracy z: https://finbold.com/ai-predicts-solana-sol-price-post-sec-pivot-on-binance-case/
