CEO of Binance Changpeng “CZ” Zhao expressed pleasure and reduction {that a} protracted dispute with the US Securities and Trade Fee (SEC) has been efficiently resolved. The continuing SEC scrutiny has created a irritating and unsure interval for the corporate, so the decision was welcome.
As regulatory uncertainty begins to fade, CZ can now concentrate on the way forward for Binance. The veteran cryptocurrency entrepreneur tweeted emphasised that the SEC’s request for emergency reduction was pointless, confirming {that a} mutually agreed decision would enable Binance to progress unimpeded.
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