June 17 (Cointime) - Binance, the world's largest cryptocurrency exchange, and its subsidiary Binance.US have proposed an agreement with the US Securities and Exchange Commission (SEC), subject to approval from a federal judge. Under the proposed agreement, only Binance.US employees will be able to access customer funds on the US-based exchange, while Binance Global officials will be restricted from accessing private keys of all wallets, including cold and hot wallets, and Binance.US's internal systems and controls. The move comes after the judge asked the SEC and Binance.US to reach an agreement rather than approve a restraining order to freeze assets of Binance's US-based arm.
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Binance and US SEC reach proposed agreement, pending federal judge approval
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Pennsylvania Passes "Bitcoin Rights" Bill and Considers Strategic Bitcoin Reserve Amid Criticism and Potential Economic Benefits
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