Supreme Court rejects CZ and Binance's petition to review ruling on securities laws applicability

2025-01-13 21:06

The U.S. Supreme Court has denied a petition made by cryptocurrency exchange Binance and its founder Changpeng Zhao.Binance and CZ sought to have the Supreme Court review a lower court decision that found U.S. securities laws apply to the cryptocurrency exchange even if it doesn’t officially possess a physical location.

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