Head Topics

Binance.US 'prepared' for SEC legal showdown

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States Headlines News

Binance.US is readying for a long legal battle with the SEC, emphasizing its commitment to compliance and criticizing the agency’s enforcement tactics. Learn more about the ongoing legal showdown.

Binance.US, the American branch of the global cryptocurrency exchange Binance, is gearing up for legal battles with the Securities and Exchange Commission .announcement, Binance.US has expressed a readiness for an extended period of legal discovery.

Binance.US said it was created for the “express purpose of serving” U.S. customers and would adhere to U.S. rules and regulations The centralized cryptocurrency exchange criticized the SEC’s regulatory approach, describing the federal agency as “regulation by enforcement.” “It is unfortunate that we, like many companies in our industry, have fallen victim to the SEC’s regulation by enforcement approach and politically motivated overreach under its current leadership.”Binance.US expressed confidence in its legal standing, stating that the SEC has “yet to identify any evidence of wrongdoing on the part of Binance.US."

Source: Law Daily Report (lawdailyreport.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SEC Day: SEC Commentator Dusty Dvoracek Says 'Rabid' OU Fans Are SEC-ReadyIt just means more in the SEC, and the Sooners will fit right in with the existing culture.
Source: SInow - 🏆 273. / 63 Read more »

Binance.US says it’s ‘prepared’ for discovery as legal battle with SEC advancesThe crypto exchange said that the Securities and Exchange Commission has yet to identify evidence of wrongdoing by Binance.
Source: TheBlock__ - 🏆 464. / 53 Read more »

io.net announces IO farming on Binance Launchpool and Binance token listingDecentralized physical infrastructure network io.net has announced that its native token will launch on the world’s leading crypto exchange, Binance
Source: Cointelegraph - 🏆 562. / 51 Read more »

16,604 ETH Grabbed on Binance as SEC Confirms Ethereum Is Not SecuritySmart whale withdraws large amount of ETH from biggest exchange after regulator drops investigation against Ethereum
Source: Utoday_en - 🏆 295. / 63 Read more »

Big win for crypto as Judge dismisses part of SEC case against Binance BNB tokenA US Judge offered market participants clarity on the secondary market sales of digital assets and partially dismissed the Securities and Exchange Commission’s (SEC) lawsuit against Binance.
Source: FXStreetNews - 🏆 14. / 72 Read more »

U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales ChargeNikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
Source: CoinDesk - 🏆 291. / 63 Read more »