Best Crypto to Buy as SEC Drops Binance Lawsuit
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….
