In a surprise move, the U.S. Securities and Exchange Commission (SEC) has officially dismissed parts of its lawsuit against Binance, signaling a potential shift in regulatory tone toward the world’s largest crypto exchange.

The dropped claims specifically relate to allegations against Binance’s former CEO Changpeng Zhao (CZ) and the classification of Binance’s BNB token and BUSD stablecoin as unregistered securities. While the broader investigation remains active, this partial dismissal has sparked optimism among investors and legal observers.

Legal analysts suggest that the SEC may be reassessing its approach following recent court setbacks in similar cases. The crypto industry has increasingly pushed back against regulatory overreach, and this move may reflect growing pressure on the SEC to define clearer rules rather than pursue aggressive enforcement.

BNB reacted with a modest 4% gain following the news, indicating cautious relief from market participants. Some see the dismissal as a sign of Binance’s increasing legal resilience, especially as the exchange seeks to distance itself from past controversies under its new leadership.

However, it’s important to note that the case isn’t over—only specific claims were dropped. Binance still faces scrutiny regarding other aspects of its operations, including alleged commingling of funds and violations of investor protections.

🔍 Should You Buy or Sell BNB?

From a market sentiment perspective, this development could help BNB maintain its current momentum. Yet legal risks persist, and traders should remain vigilant about regulatory headlines that may still impact Binance or its associated tokens.