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As soon as I woke up today, I saw big news
First, the U.S. Securities and Exchange Commission (SEC) has officially dismissed the lawsuit against Binance @binance and CZ @cz_binance. The SEC's decision to withdraw the lawsuit is final.
This means that the SEC cannot bring a lawsuit against Binance regarding this matter again. The sword of Damocles that has been hanging over Binance and CZ for years has finally been slowly lowered.
This settlement between the SEC and Binance is one aspect of the easing relationship between the Trump administration and Binance.
In fact, when the $USD1 issued by the Trump family business was listed on Binance, this trend had already become increasingly clear.
Since last year, Trump himself and his family have been continuously expanding their influence in the cryptocurrency field.
From meme coins ($Trump) to stablecoins ($USD1) to crypto VC, mining, and other areas, Trump's vast map of the crypto world will reach a new height with the support of Binance's top industry resources.
Moreover, the U.S. government's shift in regulatory attitude can also alleviate Binance's compliance pressure, leaving operational space for Binance to enter the U.S. market, creating a "win-win" situation.
First, the U.S. Securities and Exchange Commission (SEC) has officially dismissed the lawsuit against Binance @binance and CZ @cz_binance. The SEC's decision to withdraw the lawsuit is final.
This means that the SEC cannot bring a lawsuit against Binance regarding this matter again. The sword of Damocles that has been hanging over Binance and CZ for years has finally been slowly lowered.
This settlement between the SEC and Binance is one aspect of the easing relationship between the Trump administration and Binance.
In fact, when the $USD1 issued by the Trump family business was listed on Binance, this trend had already become increasingly clear.
Since last year, Trump himself and his family have been continuously expanding their influence in the cryptocurrency field.
From meme coins ($Trump) to stablecoins ($USD1) to crypto VC, mining, and other areas, Trump's vast map of the crypto world will reach a new height with the support of Binance's top industry resources.
Moreover, the U.S. government's shift in regulatory attitude can also alleviate Binance's compliance pressure, leaving operational space for Binance to enter the U.S. market, creating a "win-win" situation.
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