The U.S. Securities and Exchange Commission (SEC) officially withdrew its civil lawsuit against Binance and its founder Changpeng Zhao (CZ) on May 29, 2025, and clearly stated that 'the withdrawal is final', meaning the SEC cannot file a lawsuit on this case again.
The SEC's withdrawal of the lawsuit means that the main legal obstacle Binance faces in the United States has been removed, helping to restore its reputation in the global market. Australia had previously followed the United States in changing its attitude and revoked the legal deposit and withdrawal license.
The new leadership of the SEC tends to regulate the crypto industry by establishing clear rules rather than through litigation, which may provide a clearer path for Binance's compliant operations in the United States. In other words, Binance has the opportunity to openly compete for U.S. users with @coinbase.
As the uncertainty of the law decreases, Binance may accelerate its business expansion and product innovation in the U.S. market. Just think, what would happen if Binance Alpha's trillion subsidy policy penetrated the U.S.? Is it possible for Coinbase to also experience the current predicament faced by various Cex?
With the overhead resistance removed, does $BNB have a chance to touch 1000 this year?
Is the overall market still declining in the end?
$ETH#BNBChainMeme热潮
