Binance breaks silence after separating a lawsuit for the Supreme Education Council: Details

The Supreme Education Council rejected a lawsuit against Binance, which represents a major transformation in the United States’ approach to encryption. The chapter represents a symbolic end of one of the most encryptic campaign operations in the history of the United States.

In a recent statement, Binance expressed his satisfaction and optimism, saying that the dismissal of the SEC case is a victory over the encrypted currency, the United States and the world.

“This step indicates a global green light to innovate responsible encryption, which enhances confidence from the United States to the European Union and beyond.” Bennes stated. He also added that the legal decision is a reference to the world that “the United States is serious in innovation again”, and this message is important for businessmen in the Silicon and Austin Valley and users every day.

Binance stated that SEC’s decision benefits everyone, including American consumers and economics, innovators who work on the future of financing and global users who will benefit from a more legitimate and better digital assets area, this, with long -term consequences that exceed the courtroom.

It reaches the era of clarity

The Supreme Education Council brought down a lawsuit against Binance and the founder of Changpeng Zhao, which put an end to one of the last procedures for enforcing the remaining encryption in the agency. SEC filed a lawsuit against Binance and Zhao in June 2023, claiming that the exchange artificially amplified trading volumes, transferring customer boxes and misleading investors over monitoring controls.

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The Securities and Stock Exchange said that the rejection of the issue of enforcement was appropriate “in exercising its discretionary authority and as a political issue”, but it did not reflect its view of litigation in the other encrypted currency. The matter has been rejected with bias, which means that the Supreme Education Council cannot follow it again.

Binance noted that with the dismissal of the case, a signal has been sent: the era of unspecified enforcement may eventually be the way for one of the clarity. In light of the chapter, Binance stated that it does not mean that her work has been done, but the future of Crypto has become brighter in the United States and everywhere else he was watching.