- The SEC has taken a shot at Binance.
- Charles Hoskinson shares his thoughts on the SEC-Binance case.
- Hoskison warns users the SEC is motivated by a hidden agenda.
The United States Securities and Exchange Commission (SEC) is again on the offensive, targeting the world’s largest cryptocurrency exchange, Binance. The financial regulator’s case against Binance has sent shockwaves throughout the crypto industry, echoing across major tokens like Bitcoin, Cardano, Solana, and more.
After successfully enforcing exchanges like Gemini, Genesis, and Kraken, the SEC’s scathing allegations against Binance could be the final nail in the coffin for exchanges in the country. Cardano Founder Charles Hoskinson believes the regulator’s actions are driven by a hidden agenda – central bank digital currencies (CBDCs).
Hoskinson’s Warning
Following the SEC’s devastating blow to Binance on June 5, Charles…