It gives me the impression the SEC is trying to bully Binance out of USA, so the government won't have much competition when the CBDC or the digital centralized dollar is launched nationwide.
Wouldn't have said it any better!!
And unfortunately this is whats happening with the whole SEC conundrum, and how can it be also be a coincidence that Binance is being pushed out or being fixed with the regulation tag and suddenly we have the EDX showing up...Someone in the background has made sure to have a safe passage for such an exchange to have a ready market and I think the markets are ready to move on looking at how price has jumped up.