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SEC drops claims about 10 tokens in its Binance suit

Brady DaleIllustration: Aïda Amer/AxiosThe U.S. Securities and Exchange Commission has notified the court that it intends to drop its claim against several tokens listed on the world's largest cryptocurrency exchange, Binance, as unregistered securities. Why it matters: The idea that most cryptocurrencies represent "unregistered securities" under U.S. law has been central to the agency's campaign against the cryptocurrency industry.About 37 pages of the original 136-page complaint against Binanc...

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