Binance Founder Changpeng Zhao thanked the SEC Chairman Paul Atkins and the Trump team for “pushing back against regulation by enforcement.”

The SEC and Binance have filed a joint motion to end a nearly two-year legal dispute, marking yet another backdown in the agency’s dealings with crypto firms.

SEC Chair Paul Atkins, a former crypto lobbyist, has taken a much softer stance than his predecessor, Gary Gensler. It sends a message that the United States is open for crypto business, enhancing the industry’s potential to innovate and build without the risk of legal retaliation.

This vibe shift has been a driving force behind the recent crypto price rally, and the latest SEC settlement indicates that the trend isn’t slowing down….