SEC Shocks! Solana & Cardano Now Classified as Securities - Must Read!
**Bullish News for Solana and Cardano as SEC Revises Stance** In a significant twist in the ongoing legal battle between the US Securities and Exchange Commission (SEC) and binance, a groundbreaking amendment has been made to the lawsuit that initially took the crypto world by storm This pivotal alteration in the lawsuit's direction has cast a spotlight on two cryptocurrencies: Solana (SOL) and Cardano (ADA), with implications that have sent ripples through the digital currency market **A Shift in Classification: What It Means for Solana and Cardano** Back in early June 2023, the SEC filed a lawsuit against binance and its US affiliate, BAM Trading Services Inc , accusing them of operating without the necessary legal clearances The heart of the issue was their function as national securities exchanges, broker-dealers, and clearing agencies without proper registration...
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