• Judge Jackson’s ruling to dismiss the SEC’s claims against BNB’s secondary sale has clarified the secondary sale of crypto assets.
• The ruling hints at the potential victory for exchanges like Kraken and Consensys against the SEC.
• Scott Johnsson acknowledges the ruling as a “big loss” for the SEC.

In a significant legal victory for Binance, a federal judge has ruled that secondary market sales of its BNB token do not constitute securities. The decision could have far-reaching implications for the regulatory landscape surrounding cryptocurrencies and their trading.

Fox Business journalist Eleanor Terrett, in her post on X (formerly Twitter), highlighted the significance of Judge Jackson’s ruling as a “big win” for the crypto industry.

In the latest development, the court decided to proceed with most of the charge…

The post Judge’s Smackdown of SEC in Binance Case Sparks Hope for Crypto Industry appeared first on Coin Edition.

• Judge Jackson’s ruling to dismiss the SEC’s claims against BNB’s secondary sale has clarified the secondary sale of crypto assets.
• The ruling hints at the potential victory for exchanges like Kraken and Consensys against the SEC.
• Scott Johnsson acknowledges the ruling as a “big loss” for the SEC.

In a significant legal victory for Binance, a federal judge has ruled that secondary market sales of its BNB token do not constitute securities. The decision could have far-reaching implications for the regulatory landscape surrounding cryptocurrencies and their trading.

Fox Business journalist Eleanor Terrett, in her post on X (formerly Twitter), highlighted the significance of Judge Jackson’s ruling as a “big win” for the crypto industry.

In the latest development, the court decided to proceed with most of the charge…

The post Judge’s Smackdown of SEC in Binance Case Sparks Hope for Crypto Industry appeared first on Coin Edition.