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us supreme court ruling intensifies legal challenges for binance and crypto markets

The U.S. Supreme Court has rejected Binance's appeal, affirming that U.S. securities laws apply to its transactions, despite the platform lacking a physical headquarters in the U.S. This ruling allows a class action lawsuit against Binance for selling unregistered securities to proceed, intensifying legal challenges for the exchange amid ongoing scrutiny from regulators, including the SEC. The decision could reshape the regulatory landscape for international crypto exchanges, potentially leading to increased oversight and compliance demands across the sector.
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United States Dollar CAN USA Changpeng Zhao Chase Williams
Regulatory & Legal, Market Report
20:10 14.01.2025
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