A federal judge in the United States ruled in a court filing on the 28th that most of the Securities and Exchange Commission’s (SEC) allegations against the cryptocurrency exchange Binance, including BNB’s ICO involving securities sales and failure to register as a broker, will be approved. At the same time, the allegations that the stablecoin BUSD and the Simple Earn program are securities have been dismissed.
Binance Meets Its Match Judge Approves SECs Majority Charges Excluding BUSD and Earn Services from Investment Contracts