SEC Probes Binance — BNB Could Be Unregistered Security: Report – Regulation Bitcoin News

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SEC Probes Binance — BNB Could Be Unregistered Security: Report – Regulation Bitcoin News
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If $BNB is found to be a security, it could put Binance in a similar position to Ripple Labs and $XRP. crypto cryptocurrency

Binance told the news outlet: “it would not be appropriate for us to comment on our ongoing conversations with regulators, which include education, assistance, and voluntary responses to information requests.” However, the company stressed that it will “continue to meet all requirements set by regulators.”

In the U.S., Binance operates under Binance.us. The global crypto exchange clarified that Binance.com and Binance.US “are separate entities.” Binance.us independently issued a statement, emphasizing that it was “committed to upholding the highest standards of compliance.” The crypto exchange is facing multiple investigations in Washington, the publication conveyed. Besides investigating possible

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