Binance has demanded that the SEC clarify whether the USDC steiblcoin is a security

Time:2024-04-27 02:32 Source:Internet Copy share

Binance has filed a motion with the court demanding that the Securities and Exchange Commission (SEC) clarify whether USDC is a security.The company cited the recent case against Mango Markets hacker Abraham Eisenberg.In that case, prosecutors argued that there was “no factual basis” for designating USDC as a security.Previously, the SEC had labeled the BUSD stablecoin as a security.
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