Binance lawsuit dismissed by SEC - Reaction from BNB
In a significant development, the United States Securities and Exchange Commission (SEC) has announced it will dismiss its two-year-long lawsuit against Binance, Binance.US, and founder Changpeng Zhao. The move comes as both parties sought a full dismissal 'with prejudice', meaning the case cannot be re-filed.
According to court documents, both the SEC and Binance agreed upon this decision, which the SEC described as appropriate "in the exercise of [its] discretion and as a policy matter." The SEC's decision does not reflect on its position regarding other pending litigation.
The dismissal was welcomed by Binance, with its CEO, Richard Teng, publicly crediting President Donald Trump's administration and former SEC Chairman Paul Atkins for resisting perceived regulatory overreach. Binance.US also stated that the outcome confirms the company did not violate U.S. securities laws.
Following the regulatory relief, Binance immediately reinstated USD deposits, which had been temporarily restricted during the lawsuit. The dismissal removes a significant cloud of uncertainty, albeit it does not guarantee an immediate rally in BNB (Binance Coin).
Analysts note that broader market sentiment, macroeconomic factors, and on-chain usage will play a larger role in determining BNB’s longer-term performance. In contrast to the stock price jump experienced by Coinbase following a similar enforcement action halt earlier in 2025, the impact on BNB may be positive but not necessarily dramatic.
Sources:Court ListenerBinance Press ReleaseCoinGlass[1] SEC Enforcement Action Against Coinbase Halted, Resulting in Stock Price Jump[2] Binance Responds to SEC Dismissal: "Landmark Moment"[4] SEC Statement on Dismissal of Binance Lawsuit
- The dismissal of the SEC's lawsuit against Binance, Binance.US, and founder Changpeng Zhao has opened the path for USD deposits to be reinstated on the platform.
- Binance CEO, Richard Teng, publicly acknowledged the role of President Donald Trump's administration and former SEC Chairman Paul Atkins in resisting regulatory overreach.
- The dismissal of the case against Binance does not guarantee an immediate rally in BNB (Binance Coin), as analysts suggest that market sentiment, macroeconomic factors, and on-chain usage will play a larger role in determining its longer-term performance.
- In comparison to the stock price jump experienced by Coinbase following a similar enforcement action halt earlier in 2025, the impact on BNB may be positive but not necessarily dramatic, as noted by some sources.
