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SEC Hester Peirce reveals why case against Binance was dropped

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SEC Commissioner Hester Peirce explains why agency dropped its lawsuit against Binance .

SEC commissioner Hester said agency had to take a “step back’ to understand regulatory structure in the first place.

Commissioner also warned that the Binance case shouldn’t be set as a precedent for other crypto businesses to get a free pass” in the name of crypto.

SEC Commissioner said her priority is to bring clarity between SEC and crypto businesses in U.S ..