SEC Backs Down From Binance, Zhao Case Citing Discretion, New Crypto Strategy

The U.S. Securities and Exchange Commission (SEC) has requested the dismissal of its high-profile lawsuit against global crypto exchange Binance and its co-founder Changpeng “CZ” Zhao, signaling a potentially significant turn in the agency’s crypto enforcement era.  In a joint motion filed on May 29 in a Washington, D.C., federal court, the SEC, alongside Binance […] The post SEC Backs Down From Binance, Zhao Case Citing Discretion, New Crypto Strategy appeared first on Coin Edition.