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US SEC voluntarily dismisses lawsuit against Binance Coin

May 31, 2025
On May 28, 2025, the US Securities and Exchange Commission (SEC) announced that they have voluntarily dismissed the lawsuit against Binance Coin (BNBUSD). This news comes as a relief to investors as it removes a major legal hurdle for the cryptocurrency. Binance Coin has been gaining momentum in recent weeks, with the price reaching key resistance levels of $690. Analysts are now predicting that BNB could rally even further, potentially surpassing $700 in the near future. This decision by the SEC has boosted investor confidence in Binance Coin and could lead to further price appreciation in the coming days.
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