Binance Triumphs as SEC Drops Federal Securities Lawsuit

In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has filed a joint motion to dismiss its nearly three-year lawsuit against Binance, marking a pivotal moment for the cryptocurrency industry. The case, initiated in June 2023, is being dismissed "with prejudice," permanently barring the SEC from refiling the same claims against the exchange. This legal victory for Binance underscores the evolving regulatory landscape for digital assets and highlights the growing acceptance of cryptocurrencies in mainstream finance. The regulatory shift is further emphasized by President Donald Trump’s reappointment of Paul Atkin, signaling potential changes in the SEC’s approach to cryptocurrency regulation. This development is a significant win for Binance and the broader crypto community, as it sets a precedent for how regulatory bodies may handle similar cases in the future. The dismissal of the lawsuit not only strengthens Binance’s position as a leading global cryptocurrency exchange but also reinforces confidence in the industry’s ability to navigate complex legal challenges. As the crypto market continues to mature, this ruling could pave the way for more favorable regulatory frameworks, fostering innovation and growth in the sector.

Binance Secures Legal Victory as SEC Dismisses Federal Securities Lawsuit

The U.S. Securities and Exchange Commission has filed a joint motion to dismiss its nearly three-year lawsuit against Binance, marking a pivotal moment for the cryptocurrency industry. The case, initiated in June 2023, is being dismissed "with prejudice," permanently barring the SEC from refiling the same claims against the exchange.

The regulatory shift follows President Donald Trump’s reappointment of Paul Atkins as SEC chairman, replacing Gary Gensler whose tenure was characterized by aggressive enforcement actions against crypto firms. Binance publicly acknowledged the new leadership, praising the move away from what it called "regulation by enforcement" tactics.

Since the TRUMP administration’s return to power in January 2025, the SEC has dropped more than a dozen cryptocurrency-related cases. This dismissal signals potential for renewed innovation in the U.S. digital asset space, with market participants interpreting the development as a broader policy realignment.

Hyperliquid (HYPE) Price Rebounds 10% After Binance Announces Perpetual Contract Listing

Binance, the world’s largest cryptocurrency exchange, revealed plans to introduce a USD-margined perpetual contract for Hyperliquid (HYPE), triggering a 10% price recovery. The altcoin had previously dropped 13% amid a broader market downturn.

The new derivative product will offer up to 75x leverage on Binance Futures, with availability on Copy Trading following within 24 hours of launch. Notably, the exchange has yet to list HYPE on its spot market, highlighting the strategic distinction between its futures and spot offerings.

Hyperliquid operates as a specialized Layer-1 blockchain targeting DeFi optimization. The platform’s native token demonstrated notable volatility, reflecting both macroeconomic crypto trends and exchange-specific developments.