June12-19 $BNB #SEC #hongkong
*SEC and Binance.US reach agreement:
-Binance.US's assets will not be frozen by the SEC
-Binance.US will prevent access to private keys and disclose business expenses
*SEC employees concerned about Ether:
-SEC employees were concerned about a speech by Bill Hinman in 2018
-The speech might undermine the idea that Ether is security
*Gary Gensler's 2018 speech resurfaces:
-Gary Gensler confidently stated that Bitcoin, Ether, Litecoin, and Bitcoin Cash are not securities
-Representative Warren Davidson introduced the SEC Stabilization Act to fire Gensler
*Hong Kong pressures banks to accept crypto clients:
-The Hong Kong Monetary Authority urged major banks to accept crypto exchanges as clients
-$The HKMA required institutions to help crypto firms gain access to banking services