8/8/2023 0 Comments Coins listed on binance usaWe look forward to the continued engagement with regulators and policymakers to achieve legal clarity and certainty on these matters. How Can a Crypto Coin or Token Get Listed on Binance There are several criteria that cryptocurrency tokens and coins must meet in order to get listed on Binance. We will continue evaluating and offering coins, tokens and trading pairs on Binance.US in accordance with our Digital Asset Risk Assessment Framework, community feedback, and market demand. In a statement shared with Fortune on Tuesday, Cardano Foundation CEO Frederik Gregaard said, “The Cardano Foundation disagrees with the recent qualification of ADA as a security under US law. Updated Binance.US strives to be a reliable and efficient marketplace providing access and trading across a healthy variety of digital assets. The SEC also argued in Monday’s filing that Solana’s deflationary model, powered by a burning mechanism, “has led investors reasonably to view their purchase of SOL as having the potential for profit to the extent there is a built-in mechanism.” The agency cites promotional statements made by Solana’s parent company to increase demand for its token. They have a Solana trust too am I right that this is the first time the SEC has publicly taken this position w/r/t SOL? - Bank Reg Blog June 5, 2023 Grayscale had disclosed a few weeks ago that the SEC staff thinks FIL is a security. In mid-May, crypto firm Grayscale announced that it had received a letter from the SEC alleging that FIL qualified as a security, which drew criticism from the industry. Monday’s lawsuit vastly expands the SEC’s list of alleged securities to include Filecoin’s FIL, Sandbox’s SAND, Decentraland’s MANA, Algorand’s ALGO, and Axie Infinity’s AXS. Many crypto industry participants accuse Gensler of “regulation by enforcement,” meaning that rather than engage in rulemaking to create guardrails for the volatile sector, the SEC advances its positions through lawsuits and enforcement actions.
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