Date: 2023-06-17T15:52:23Z Creator: Bitfolio Academy
The SEC’s attempt to take down Binance US in flames has failed! The federal judge was sympathetic to Binance’s lawyer’s argument that the SEC’s demands would be the final nail in the coffin for the company.
Today marks the conclusion of an agreement between the SEC and Binance. Only the US division of Binance will have the right to access the company’s wallets, and this will completely separate Binance US from Binance.com.
But, the changes to Binance US has already been devastating for its customers. Last week, Binance US declared it would not offer any US Dollar trading pairs anymore, and will become a strictly digital currency-only exchange. This has been a remarkable shift for US customers, and one that will truly reshape the US version of Binance.
Let me know in the comments. 🤔
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