Binance CEO Says Will Issue A Response To SEC 'Once We See The Compliant;' Says Team Is All Standing By, Ensuring Systems Are Stable, Including Withdrawals, And Deposits
Portfolio Pulse from Benzinga Newsdesk
Binance CEO announced that the company will issue a response to the SEC once they see the complaint. The team is currently ensuring that systems, including withdrawals and deposits, are stable.
June 05, 2023 | 3:24 pm
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NEUTRAL IMPACT
Binance's response to the SEC complaint may impact Bitcoin's price in the short term.
As Binance is a major cryptocurrency exchange, its response to the SEC complaint may have an indirect impact on Bitcoin's price. However, the extent of the impact is uncertain as it depends on the nature of the response and the market's reaction.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Binance's response to the SEC complaint may impact Ethereum's price in the short term.
As Binance is a major cryptocurrency exchange, its response to the SEC complaint may have an indirect impact on Ethereum's price. However, the extent of the impact is uncertain as it depends on the nature of the response and the market's reaction.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50