Binance Seeks Court Insight into US Government's Stance on USD | Crypto Bubble

Binance Seeks Court Insight into US Government's Stance on USDC

Binance and its former CEO, Changpeng Zhao, filed a notice with the court in their case with the SEC, seeking to establish the government's position on stablecoins as a security. The move is part of the ongoing legal battle between Binance, CZ, and the SEC, with the filing referencing the government's arguments in a criminal case against a different individual involving the treatment of USD Coin as a security.