The U.S. Securities and Exchange Commission (SEC) dropping the lawsuit against Binance has triggered a wave of interaction in the cryptocurrency world, with the most notable being the response from the platform's founder.
Changpeng Zhao (CZ) who indirectly mocked Gary Gensler, the former head of the authority.
✅ This development comes after months of dispute between the authority and Binance over regulatory issues. After the lawsuit was dropped, CZ posted sarcastic comments across social media platforms, which sparked significant interaction from the crypto community.
🔍 Analysts considered this step a victory for Binance, and it may restore users' trust in the platform.
📌 In summary: The dismissal of the lawsuit is a significant victory for Binance and reflects a potential shift in U.S. regulatory policies toward cryptocurrencies.
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