🔶The court allows Binance to invest in US Treasury Bills
Binance has just been allowed by a US court to invest a certain amount of customer fiat money currently stored at BitGo in US Treasury bills.
It can be said that this is a new step forward for Binance after the very satisfactory settlement worth $4.3B with US CP. After the fine agreement, the SEC and CFTC lawsuits targeting Binance are gradually being resolved. Last week the court recognized that BUSD is not a security and allowed Binance's Simple Earn product to operate.
Although it is the top 4 coin in terms of MC, Binance has always been like the playground of the whole world, but except for organizations in the US, this step can be seen that in the post-CZ era, Binance has become more compliant and friendlier with the US CP. much.
Waiting for the day when brother 4 comes out of camp to celebrate, guys, the market misses him very much.
👉Source: https://www.courtlistener.com/docket/67474542/251/securities-and-exchange-commission-v-binance-holdings-limited/