‘An unelected few want to control our financial lives!’ – Charles Hoskinson weighs in on SEC’s war with Binance
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City AM
City AM
By Darren Parkin Cardano chief Charles Hoskinson has gone on the offensive against the US Securities and Exchange Commission in the wake of its legal action against crypto exchange Binance. The SEC sued Binance on yesterday for allegedly violating federal securities laws. It claims the platform – and its CEO Changpeng ‘CZ’ Zhou – has been offering unregistered securities with its BNB token and the BUSD stablecoin. Legal papers also accuse Binance’s staking service as a violation of securities laws. The furore has already had an affect on the digital asset markets. Only moments after news broke…
