Binance CEO Speaks About SEC’s BNB Investigation

Binance CEO CZ recently made a statement regarding the allegations that the US Securities and Exchange Commission is investigating BNB.

The world’s largest cryptocurrency exchange Binance CEO CZthe SEC Denying the allegations of investigation against BNB resigned from his position. of the SEC Asking questions about BNB but any company did not send a subpoena stated.

BNB Binance was created to serve as the token of the cryptocurrency exchange. While it is found in trading pairs for many cryptocurrencies on the stock market, it is also used in the trading fees of the stock market and participation in the events held. In 2017, when BNB emerged, SEC has launched an investigation into whether it is a security or not. Discussions began over the spread of the allegations.

Binance CEO Consensus 2022He stated that the SEC is in regular contact with the stock market and that they regularly answer the questions asked.

With details of the questions asked by the SEC during his speech and rumors of the investigation. did not comment on it.

Rumors were circulating in the cryptocurrency community that BNB’s entry into an investigation process just like XRP could cause a serious problem. However, it is known that to date, Binance has been working hard to establish good relations with regulatory authorities all over the world.

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