#Binance ❗️SEC withdrew the lawsuit against Binance 👀
The U.S. Securities and Exchange Commission (SEC) unexpectedly withdrew its lawsuit against Binance, the largest cryptocurrency exchange.
📌What this means:
✅ The proceedings are terminated without further claims
✅ The decision was made against the backdrop of changes in regulation and SEC approaches
✅ Possibly, out-of-court agreements have been reached between the parties 🤝
💡Context:
The lawsuit against Binance was one of the most high-profile in the crypto industry, seen as an example of SEC pressure on Web3. The withdrawal is a powerful signal: either the regulator's stance is softening, or Binance has met key requirements.
⚠️ This could trigger a positive market reaction.