Binance scores big win after SEC agrees to drop lawsuit against exchange

The world’s largest crypto exchange and the Securities and Exchange Commission have agreed to end one of the most consequential—and ongoing—lawsuits in the U.S against a crypto firm. In a joint filing submitted to a New York federal judge on Thursday, Binance and the SEC asked to dismiss the case.

A spokesperson for the federal regulator did not immediately respond to a request for comment. “We’re deeply grateful to Chairman Paul Atkins and the Trump administration for recognizing that...