Five Things to Know in Crypto This Week: Binance Motion to Dismiss, CBDC Act, and Gary Gensler

Five Things to Know in Crypto This Week: Binance Motion to Dismiss, CBDC Act, and Gary Gensler

Key Insights:

  • SEC Chair Gary Gensler discussed cryptos and securities and the likely impact of a US government shutdown on market oversight.
  • Binance Holdings Limited and CEO Changpeng Zhao filed a motion to dismiss in the SEC v Binance case.
  • CBDC Anti-Surveillance State Act progressed to the House.

Binance Files Motion to Dismiss

On Thursday, Binance Holdings Limited and CEO Changpeng Zhao filed a motion to dismiss to the District Court for the District of Columbia. The Securities and Exchange Commission (SEC) filed 13 charges on June 5, including the operating…
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