Binance Delists Token After SEC Calls It a Security

Key Takeaways

  • Binance announced today it will delist AMP on August 15 from its U.S. platform while waiting for regulatory clarity on the token’s classification.
  • AMP and eight other tokens were called securities by the Securities and Exchange Commission in a recent court filing.
  • Binance has recently been making efforts to comply with regulators after much criticism for previously being too lax with anti-money laundering and know-your-customer requirements.

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