Binance Lawsuit Dismissed: SEC Ends Trading Platform Showdown

The U.S. Securities and Exchange Commission (SEC) has dismissed its lawsuit against cryptocurrency trading platform Binance, ending a high-profile legal battle. The dismissal comes after the case was put on hold by a federal judge in February, with both parties filing a joint stipulation for dismissal. Binance’s American subsidiary, Binance.US, celebrated the development, stating that they were now focused on growth, trust restoration, and reconnecting with impacted relationships. The SEC previously dismissed similar cases against Kraken and Coinbase earlier this year.