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Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC

With its latest suit against Binance, the United States Securities and Exchange Commission has now labeled at least 61 cryptocurrencies as securities, affecting $100 billion worth of tokens on the market.

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Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC

With its latest suit against Binance, the United States Securities and Exchange Commission has now labeled at least 61 cryptocurrencies as securities, affecting $100 billion worth of tokens on the market.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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